Trail Stability - Publications - Faculty & Research

September 2019
Article

Trading Networks with Frictions

By: Tamás Fleiner, Ravi Jagadeesan, Zsuzsanna Jankó and Alexander Teytelboym

We show how frictions and continuous transfers jointly affect equilibria in a model of matching in trading networks. Our model incorporates distortionary frictions such as transaction taxes and commissions. When contracts are fully substitutable for firms, competitive... View Details

Keywords: Trading Networks; Frictions; Competitive Equilibrium; Matching With Contracts; Stability; Trail Stability

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22 May 2019
Research & Ideas

Forgiving Student Loan Debt Leads to Better Jobs, Stronger Consumers

largest consumer debt in the US, trailing only mortgage loans—and surpassing car loans, credit card debt, and home equity lines of credit. Source: New York Fed Consumer Credit Panel/Equifax Many people who currently carry student debt are... View Details

Keywords: by Dina Gerdeman

Web

Becoming an Entrepreneur - Alumni

guide posts along the entrepreneurship trail – or even few trails to follow. There are, however, process steps that can help would-be entrepreneurs create their own map for the terrain ahead. By taking the... View Details

01 Dec 2007
News

Lighten Up

Business and Pleasure: Kim and Coup Coupounas enjoy the scenic beauty of the Rocky Mountains just as much today as when they moved to Boulder almost a decade ago. (photo by Stephen Collector) The trail weaves back and forth in steep... View Details

Keywords: Kathryn Jones; Sporting Goods, Hobby, Musical Instrument, and Book Stores; Retail Trade

20 Jan 2017
Research & Ideas

Here’s How Businessman Trump Is Likely to Approach the Presidency

better leaders themselves while they are doing all these other things. Thus far, we have not seen much evidence — either along the campaign trail or since the election — that Mr. Trump meets most of these criteria. But I think many voters... View Details

Keywords: by Christina Pazzanese

19 Nov 2007
Lessons from the Classroom

Teaching The Moral Leader

alone in pursuing the connection between the break-in and the Nixon White House, an intricate trail of money and decisions that led, eventually, to Nixon himself. Graham was not deeply involved in the investigation; in fact, she met only... View Details

Keywords: by Sarah Jane Gilbert; Education

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