Peter Kondor

Endogenous cycles are generated by the two-way interaction between lenders’ behavior in the credit market and production fundamentals. When lenders...

Journal of Economic Theory, Volume 184, November 2019, 104936.

We propose a new measure of private information in decentralised markets – connections – defined as the number of dealers with whom a client trades in...

Journal of Finance, 74 (3), 1139-1173.

Why do countries differ in terms of their exposure to fluctuations in the global supply of credit? We argue that frictions in global intermediation...

Econometrica, 86 (5), 1727-1769.