vulnerability, drawing lessons from a detailed comparison of the response of Chile and Australia to recent external shocks and from … useful to identify and then distinguish between two inter-related dimensions of investors' confidence: country-trust and … to improve along these two dimensions of investors' confidence in the medium run, and policies to reduce the impact of …

When "confidence" is lost, "liquidity dries up." We investigate the meaning of "confidence" and "liquidity" in the …

reducing consumer confidence and consumer demand? Is there also a supply-side channel through a tightened liquidity constraint … consumer confidence, based on its response to the 9/11 shock in 2001. We then construct a separate firm-level index on … important than reduced consumer confidence or spending in explaining cross-firm differences in stock price declines …

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …