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Fire Sales in a Model of Complexity
Caballero, Ricardo J.; Simsek, Alp - 2011
In this paper we present a model of fire sales and market breakdowns, and of the financial amplification mechanism that follows from them. The distinctive feature of our model is the central role played by endogenous uncertainty. As conditions deteriorate, more “banks” within the financial...
Persistent link: https://www.econbiz.de/10014201970
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Asset prices in a lifecycle economy
Farmer, Roger E. A. - 2014
Persistent link: https://www.econbiz.de/10010363302
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Policy rules for inflation targeting
Rudebusch, Glenn D.; Svensson, Lars E. O. - 1998
Persistent link: https://www.econbiz.de/10013422634
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Monetary policy with flexible exchange rates and forward interest rates as indicators
Svensson, Lars E. O. - 1994
Persistent link: https://www.econbiz.de/10013422078
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The rules of standard setting organizations : an empirical analysis
Chiao, Benjamin; Lerner, Joshua; Tirole, Jean - 2007
Persistent link: https://www.econbiz.de/10003443816
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Does fiscal policy matter? : Blinder and Solow revisited
Farmer, Roger E. A.; Plotnikov, Dmitry - 2011
Persistent link: https://www.econbiz.de/10008859083
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Speculative growth : hints from the US economy
Caballero, Ricardo J.; Farhi, Emmanuel; Hammour, Mohamad L. - In: The American economic review 96 (2006) 4, pp. 1159-1192
Persistent link: https://www.econbiz.de/10003384879
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Can't we all be more like Scandinavians? : asymmetric growth and institutions in an interdependent world
Acemoglu, Daron; Robinson, James A.; Verdier, Thierry - 2012
Persistent link: https://www.econbiz.de/10009621845
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Collective moral hazard, maturity mismatch, and systemic bailouts
Farhi, Emmanuel; Tirole, Jean - In: The American economic review 102 (2012) 1, pp. 60-93
Persistent link: https://www.econbiz.de/10009568210