References
Biais B, Mariotti T, Rochet J-C, Villeneuve S (2010) Large risks, limited liability, and dynamic moral hazard. Econometrica 78(1):73–118
Black F, Scholes M (1973) The pricing of options and corporate liabilities. J Polit Econ 81(3):637–654
Brunnermeier MK, Sannikov Y (2014) A macroeconomic model with a financial sector. Am Econ Rev 104(2):379–421
Décamps J-P, Villeneuve S (2007) Optimal dividend policy and growth option. Finance Stoch 11(1):3–27
DeMarzo PM, Sannikov Y (2006) Optimal security design and dynamic capital structure in a continuous-time agency model. J Finance 61(6):2681–2724
Harrison MJ, Taksar MI (1983) Instantaneous control of Brownian motion. Math Oper Res 8(3):439–453
Hugonnier J, Malamud S, Morellec E (2014) Capital supply uncertainty, cash holdings, and investment. Rev Financ Stud 28(2):391–445
Jeanblanc-Picqué M, Shiryaev AN (1995) Optimization of the flow of dividends. Uspekhi Matematicheskikh Nauk 50(2(203)):25–46
Klimenko N, Pfeil S, Rochet J-C (2017) A simple macroeconomic model with extreme financial frictions. J Math Econ 68:92–102
Leland HE (1994) Corporate debt value, bond covenants and optimal capital structure. J Finance 49(4):1213–1252
Merton RC (1969) Lifetime portfolio selection under uncertainty: the continuous time case. Rev Econ Stat 51:247–257
Merton RC (1973) The theory of rational option pricing. Bell J Econ 4(1):141–183
Radner R, Shepp L (1996) Risk vs. profit potential: a model for corporate strategy. J Econ Dyn Control 20(8):1373–1393
Rochet J-C, Villeneuve S (2005) Corporate portfolio management. Ann Finance 1(3):225–243
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
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
Published:
Issue Date:
DOI: https://doi.org/10.1007/s00712-018-0648-7