[...]This paper addresses how central banks can resuscitatelending chains by providing information that reduces uncertainty about participants along the chains. This action has been taken before: the Bank Holiday of 1933, declared byPresident Franklin Delano Roosevelt, resolved uncertaintyabout...

Chronicling the history of science and health popularisation in the United States, John C. Burnham sees a decline from the Victorian “men of science” to a situation in the mid-1980s where what passed as the popularisation of science consisted of little more than a litany of unrelated facts....

The main contribution of this paper to current philosophical and sociological studies on modelling is to analyse modelling as an object-oriented interdisciplinary activity and thus to bring new insights into the wide, heterogeneous discourse on tools, forms and organisation of interdisciplinary...

The development of David Ricardo’s economic theory of distribution -the laws that determine the share of output between the economic classes -depended on specific connections at several levels between two practicalsciences of the early 19th century, namely experimental agriculture andpolitical...

This paper analyzes the trade-off between official liquidity provision and debtor moral hazard ininternational financial crises. In the model, crises are caused by the interaction of bad fundamentals,self-fulfilling runs and policies by three classes of optimizing agents: international...

The 1990s were characterized by substantial financial sectorconsolidation across a large number of industrializedcountries...

While systemic risk—the risk of wholesale failure of banksand other financial institutions—is generally consideredto be the primary reason for supervision and regulation of thebanking industry, almost all regulatory rules treat such risk inisolation. In particular, they do not account for...

[...]This article develops a stylized game-theoretical model toanalyze banks’ intraday liquidity management behavior in anRTGS environment. It analyzes the strategic incentives under Envision an economy with two identical banks using an RTGSsystem operated by the central bank to settle...