Endogenous Credit and Investment Cycles with Asset Price Volatility
Francesco Carli, Leonor Modesto
Macroeconomic Dynamics, vol. 22, 2018, p. 1859-1874.

Costly Monitoring, Dynamic Incentives, and Default
Gaetano Antinolfi, Francesco Carli
Journal of Economic Theory, vol. 159, 2015, p. 105-119.