Coordination of expectations in the recent crisis: private actions and policy responses
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- John B. Shoven & Scott B. Smart & Joel Waldfogel, 1992.
"Real Interest Rates and the Savings and Loan Crisis: The Moral Hazard Premium,"
Journal of Economic Perspectives, American Economic Association, vol. 6(1), pages 155-167, Winter.
- John B. Shoven & Scott B. Smart & Joel Waldfogel, 1991. "Real Interest Rates and the Savings and Loan Crisis: The Moral Hazard Premium," NBER Working Papers 3754, National Bureau of Economic Research, Inc.
- Russell Cooper & Andrew John, 1988.
"Coordinating Coordination Failures in Keynesian Models,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(3), pages 441-463.
- Russell Cooper & John Andrew, 1985. "Coordinating Coordination Failures in Keynesian Models," Cowles Foundation Discussion Papers 745R, Cowles Foundation for Research in Economics, Yale University, revised Jul 1985.
- Hyun Song Shin, 2009. "Reflections on Northern Rock: The Bank Run That Heralded the Global Financial Crisis," Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 101-119, Winter.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Lopes, José Mário & Nunes, Luis C., 2012. "A Markov regime switching model of crises and contagion: The case of the Iberian countries in the EMS," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 1141-1153.
- Gerunov, Anton, 2013. "Връзка Между Икономическите Очаквания И Стопанската Динамика В Ес-27 [Linkages Between Expectations and Economic Dynamics in EU-27]," MPRA Paper 68795, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Xavier Vives, 2014.
"Strategic Complementarity, Fragility, and Regulation,"
The Review of Financial Studies, Society for Financial Studies, vol. 27(12), pages 3547-3592.
- Vives, Xavier, 2011. "Strategic complementarity, fragility, and regulation," IESE Research Papers D/928, IESE Business School.
- Xavier Vives, 2012. "Strategic Complementarity, Fragility, and Regulation," 2012 Meeting Papers 789, Society for Economic Dynamics.
- Vives, Xavier, 2011. "Strategic Complementarity, Fragility, and Regulation," CEPR Discussion Papers 8444, C.E.P.R. Discussion Papers.
- Xavier Vives, 2011. "Strategic Complementarity, Fragility, and Regulation," CESifo Working Paper Series 3507, CESifo.
- Bill Dupor, 2005.
"Keynesian Conundrum: Multiplicity and Time Consistent Stabilization,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(1), pages 154-177, January.
- Bill Dupor, 1999. "Keynesian conundrum: multiplicity and time consistent stabilization," Discussion Paper / Institute for Empirical Macroeconomics 131, Federal Reserve Bank of Minneapolis.
- Lau, Sau-Him Paul, 2001. "Aggregate Pattern of Time-dependent Adjustment Rules, II: Strategic Complementarity and Endogenous Nonsynchronization," Journal of Economic Theory, Elsevier, vol. 98(2), pages 199-231, June.
- Steven N. Durlauf, 1996.
"Statistical Mechanics Approaches to Socioeconomic Behavior,"
NBER Technical Working Papers
0203, National Bureau of Economic Research, Inc.
- Durlauf, S.N., 1996. "Statistical Mechanics Approaches to Socioeconomic Behavior," Working papers 9617, Wisconsin Madison - Social Systems.
- Steven N. Durlauf, 1996. "Statistical Mechanics Approaches to Socioeconomic Behavior," Working Papers 96-08-069, Santa Fe Institute.
- Sniekers, F.J.T., 2013.
"Endogenous Beveridge cycles and the volatility of unemployment,"
CeNDEF Working Papers
13-12, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Sniekers, F., 2016. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 16-05, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Sniekers, F., 2014. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 14-11, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Hans-Helmut Kotz, 2010. "Comment on "Asymmetric Shocks in a Currency Union with Monetary and Fiscal Handcuffs"," NBER Chapters, in: NBER International Seminar on Macroeconomics 2010, pages 143-151, National Bureau of Economic Research, Inc.
- Stijn Claessens & M. Ayhan Kose, 2013.
"Financial Crises: Explanations, Types and Implications,"
CAMA Working Papers
2013-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Claessens, Stijn & Kose, M. Ayhan, 2013. "Financial Crises: Explanations, Types, and Implications," CEPR Discussion Papers 9329, C.E.P.R. Discussion Papers.
- Mr. Stijn Claessens & Mr. Ayhan Kose, 2013. "Financial Crises Explanations, Types, and Implications," IMF Working Papers 2013/028, International Monetary Fund.
- Di Bella, Gabriel & Grigoli, Francesco, 2019.
"Optimism, pessimism, and short-term fluctuations,"
Journal of Macroeconomics, Elsevier, vol. 60(C), pages 79-96.
- Gabriel Di Bella & Mr. Francesco Grigoli, 2018. "Optimism, Pessimism, and Short-Term Fluctuations," IMF Working Papers 2018/001, International Monetary Fund.
- Salas Sergio & Nuñez Javier, 2020.
"Signaling in monetary policy near the zero lower bound,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-19, January.
- Sergio Salas & Javier Núñez, 2017. "Signaling in monetary policy near the zero lower bound," Working Papers 2017-02, Escuela de Negocios y Economía, Pontificia Universidad Católica de Valparaíso.
- Donald R. Davis & David E. Weinstein, 2008.
"A Search For Multiple Equilibria In Urban Industrial Structure,"
Journal of Regional Science, Wiley Blackwell, vol. 48(1), pages 29-65, February.
- Donald R. Davis & David E. Weinstein, 2004. "A Search for Multiple Equilibria in Urban Industrial Structure," NBER Working Papers 10252, National Bureau of Economic Research, Inc.
- David E. Weinstein & Donald R. Davis, 2004. "Search for Multiple Equilibria in Urban Industrial Structure," Econometric Society 2004 North American Winter Meetings 639, Econometric Society.
- Michael T. Kiley, 1997. "Staggered price setting and real rigidities," Finance and Economics Discussion Series 1997-46, Board of Governors of the Federal Reserve System (U.S.).
- Camille Cornand & Frank Heinemann, 2015.
"Macro-expérimentation autour des fonctions des banques centrales,"
Revue française d'économie, Presses de Sciences-Po, vol. 0(2), pages 3-47.
- Camille Cornand & Frank Heinemann, 2015. "Macro-expérimentation autour des fonctions des banques centrales," Post-Print halshs-01232455, HAL.
- Jonathan Heathcote & Fabrizio Perri, 2018.
"Wealth and Volatility,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2173-2213.
- Fabrizio Perri & Jonathan Heathcote, 2011. "Wealth and Volatility," 2011 Meeting Papers 1065, Society for Economic Dynamics.
- Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," NBER Working Papers 20994, National Bureau of Economic Research, Inc.
- Fabrizio Perri & Jonathan Heathcote, 2013. "Wealth and Volatility," 2013 Meeting Papers 385, Society for Economic Dynamics.
- Fabrizio Perri & Jonathan Heathcote, 2012. "Wealth and Volatility," 2012 Meeting Papers 914, Society for Economic Dynamics.
- Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," Staff Report 508, Federal Reserve Bank of Minneapolis.
- Heathcote, Jonathan & Perri, Fabrizio, 2015. "Wealth and Volatility," CEPR Discussion Papers 10453, C.E.P.R. Discussion Papers.
- van de Klundert, Theo & Smulders, Sjak, 1995.
"Strategies for Growth in a Macroeconomic Setting,"
The Manchester School of Economic & Social Studies, University of Manchester, vol. 63(4), pages 388-411, December.
- van de Klundert, T. & Smulders, S., 1992. "Strategies for Growth in a Macroeconomic Setting," Papers 9202, Tilburg - Center for Economic Research.
- van de Klundert, T.C.M.J. & Smulders, J.A., 1992. "Strategies for growth in a macroeconomic setting," Discussion Paper 1992-4, Tilburg University, Center for Economic Research.
- van de Klundert, T. & Smulders, S., 1992. "Strategies for Growth in a Macroeconomic Setting," Papers 9204, Tilburg - Center for Economic Research.
- van de Klundert, T.C.M.J. & Smulders, J.A., 1992. "Strategies for growth in a macroeconomic setting," Other publications TiSEM 4ee1ea94-ac96-48cd-8ac3-9, Tilburg University, School of Economics and Management.
- Smulders, J.A. & van de Klundert, T.C.M.J., 1995. "Strategies for growth in a macroeconomic setting," Other publications TiSEM d5290adf-cdb2-492c-8004-6, Tilburg University, School of Economics and Management.
- Edgar A. Ghossoub, 2009. "Liquidity Risk and Banks’ Asset Composition: Implications for Monetary Policy," Working Papers 0096, College of Business, University of Texas at San Antonio.
- Giordani, Paolo E. & Rocha, Nadia & Ruta, Michele, 2012.
"Food prices and the multiplier effect of export policy,"
WTO Staff Working Papers
ERSD-2012-08, World Trade Organization (WTO), Economic Research and Statistics Division.
- Paolo E. Giordani & Nadia Rocha & Michele Ruta, 2012. "Food Prices and the Multiplier Effect of Export Policy," Working Papers LuissLab 1297, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Paolo E. Giordani & Nadia Rocha & Michele Ruta, 2012. "Food Prices and the Multiplier Effect of Export Policy," CESifo Working Paper Series 3783, CESifo.
- Giovanna Devetag, 2000. "Transfer, Focality and Coordination: Some Experimental Results," LEM Papers Series 2000/02, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Haltiwanger, John & Waldman, Michael, 1991.
"Responders versus Non-responders: A New Perspective on Heterogeneity,"
Economic Journal, Royal Economic Society, vol. 101(408), pages 1085-1102, September.
- John Haltiwanger, 1987. "Responders Versus Nonresponders: A New Perspective on Heterogeneity," UCLA Economics Working Papers 436, UCLA Department of Economics.
- Greg Kaplan & Guido Menzio, 2016.
"Shopping Externalities and Self-Fulfilling Unemployment Fluctuations,"
Journal of Political Economy, University of Chicago Press, vol. 124(3), pages 771-825.
- Greg Kaplan & Guido Menzio, 2012. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," PIER Working Paper Archive 12-048, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Greg Kaplan & Guido Menzio, 2013. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," Working Papers 1461, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Greg Kaplan & Guido Menzio, 2013. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," NBER Working Papers 18777, National Bureau of Economic Research, Inc.
- Antonio Cabrales & Michalis Drouvelis & Zeynep Gurguy & Indrajit Ray, 2017.
"Transparency is Overrated: Communicating in a Coordination Game with Private Information,"
CESifo Working Paper Series
6781, CESifo.
- Gurguc, Zeynep & Drouvelis, Michalis & Ray, Indrajit, 2017. "Transparency is overrated: communicating in a coordination game with private information," CEPR Discussion Papers 12353, C.E.P.R. Discussion Papers.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedker:y:2010:i:qi:p:5-39:n:v.95no.1. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Zach Kastens (email available below). General contact details of provider: https://edirc.repec.org/data/frbkcus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.