, is insignificant, although positive, for this period. Adding a sixth factor that captures the investor’s confidence in …

article presents these waves and the consequences of its occurrence. They also deal with the absence of confidence that seems …

Sentiments are characteristics of players' beliefs. I propose two notions of sentiments, confidence and optimism, and I … complementarities. Confidence is related to a player's perceived precision of information; optimism is the sentiment that the outcome of … rationalizable strategy profiles, relating complementarities and confidence; the second gives an explicit lower bound on the change …

banking crises. Recent findings show that government intervention results in only a small proportion of bank recoveries. This …

different combinations of bank asset and funding sources and assess their impact on the mortgage crisis. We then estimate how … distinct strategies have affected bank profitability and risk before the crisis, and what impact they have put on the mortgage …

This paper aims to answer the following question: what is (are) the cause(s) of the severe reduction in bank credits in … period an ultra–expansionary monetary policy has been implemented by the Bank of Japan. A theoretical lending–supply model is …