Skip to main content
Log in

Moreno-Bromberg, Santiago and Rochet, Jean-Charles: Continuous-Time Models in Corporate Finance, Banking and Insurance

Princeton University Press, Oxford, UK, 2018, 176 pp, £37.95, Hardcover

  • Book Review
  • Published:
Journal of Economics Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

References

  • Biais B, Mariotti T, Rochet J-C, Villeneuve S (2010) Large risks, limited liability, and dynamic moral hazard. Econometrica 78(1):73–118

    Article  Google Scholar 

  • Black F, Scholes M (1973) The pricing of options and corporate liabilities. J Polit Econ 81(3):637–654

    Article  Google Scholar 

  • Brunnermeier MK, Sannikov Y (2014) A macroeconomic model with a financial sector. Am Econ Rev 104(2):379–421

    Article  Google Scholar 

  • Décamps J-P, Villeneuve S (2007) Optimal dividend policy and growth option. Finance Stoch 11(1):3–27

    Article  Google Scholar 

  • DeMarzo PM, Sannikov Y (2006) Optimal security design and dynamic capital structure in a continuous-time agency model. J Finance 61(6):2681–2724

    Article  Google Scholar 

  • Harrison MJ, Taksar MI (1983) Instantaneous control of Brownian motion. Math Oper Res 8(3):439–453

    Article  Google Scholar 

  • Hugonnier J, Malamud S, Morellec E (2014) Capital supply uncertainty, cash holdings, and investment. Rev Financ Stud 28(2):391–445

    Article  Google Scholar 

  • Jeanblanc-Picqué M, Shiryaev AN (1995) Optimization of the flow of dividends. Uspekhi Matematicheskikh Nauk 50(2(203)):25–46

    Google Scholar 

  • Klimenko N, Pfeil S, Rochet J-C (2017) A simple macroeconomic model with extreme financial frictions. J Math Econ 68:92–102

    Article  Google Scholar 

  • Leland HE (1994) Corporate debt value, bond covenants and optimal capital structure. J Finance 49(4):1213–1252

    Article  Google Scholar 

  • Merton RC (1969) Lifetime portfolio selection under uncertainty: the continuous time case. Rev Econ Stat 51:247–257

    Article  Google Scholar 

  • Merton RC (1973) The theory of rational option pricing. Bell J Econ 4(1):141–183

    Article  Google Scholar 

  • Radner R, Shepp L (1996) Risk vs. profit potential: a model for corporate strategy. J Econ Dyn Control 20(8):1373–1393

    Article  Google Scholar 

  • Rochet J-C, Villeneuve S (2005) Corporate portfolio management. Ann Finance 1(3):225–243

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Andrianos E. Tsekrekos.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Tsekrekos, A.E. Moreno-Bromberg, Santiago and Rochet, Jean-Charles: Continuous-Time Models in Corporate Finance, Banking and Insurance. J Econ 126, 287–290 (2019). https://doi.org/10.1007/s00712-018-0648-7

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s00712-018-0648-7

Navigation