IDEAS home Printed from https://ideas.repec.org/r/nuf/econwp/126.html
   My bibliography  Save this item

Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as


Cited by:

  1. Simon Quinn & Tom Gole, 2014. "Committees and Status Quo Bias: Structural Evidence from a Randomized Field Experiment," Economics Series Working Papers 733, University of Oxford, Department of Economics.
  2. Itzhak Gilboa & David Schmeidler, 2003. "Inductive Inference: An Axiomatic Approach," Econometrica, Econometric Society, vol. 71(1), pages 1-26, January.
  3. Eduardo A. Cavallo & Andrés Velasco, 2006. "Quid pro Quo: National Institutions and Sudden Stops in International Capital Movements," Research Department Publications 4490, Inter-American Development Bank, Research Department.
  4. Toxvaerd, Flavio, 2008. "Strategic merger waves: A theory of musical chairs," Journal of Economic Theory, Elsevier, vol. 140(1), pages 1-26, May.
  5. Stephen Morris & Hyun Song Shin, 2004. "Liquidity Black Holes," Review of Finance, European Finance Association, vol. 8(1), pages 1-18.
  6. Manuela Goretti, 2005. "The Brazilian currency turmoil of 2002: a nonlinear analysis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 10(4), pages 289-306.
  7. Winkler, Bernhard, 2000. "Which kind of transparency? On the need for clarity in monetary policy-making," Working Paper Series 0026, European Central Bank.
  8. De Bandt, Olivier & Hartmann, Philipp, 2000. "Systemic risk: A survey," Working Paper Series 35, European Central Bank.
  9. Frankel, David M., 2012. "Recurrent crises in global games," Journal of Mathematical Economics, Elsevier, vol. 48(5), pages 309-321.
  10. repec:hal:cepnwp:hal-00841167 is not listed on IDEAS
  11. Gaëtan Le Quang, 2017. ""Taking Diversity into Account": the Diversity of Financial Institutions and Accounting Regulation," EconomiX Working Papers 2017-10, University of Paris Nanterre, EconomiX.
  12. József Sákovics & Jakub Steiner, 2012. "Who Matters in Coordination Problems?," American Economic Review, American Economic Association, vol. 102(7), pages 3439-3461, December.
  13. Anand, Kartik & Gai, Prasanna & Marsili, Matteo, 2012. "Rollover risk, network structure and systemic financial crises," Journal of Economic Dynamics and Control, Elsevier, vol. 36(8), pages 1088-1100.
  14. Timmermann, Allan & Wermers, Russ, 2014. "Runs on Money Market Funds," CEPR Discussion Papers 9906, C.E.P.R. Discussion Papers.
  15. Emmanuel Farhi & Jean Tirole, 2012. "Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts," American Economic Review, American Economic Association, vol. 102(1), pages 60-93, February.
  16. Christian Hellwig, 2004. "Heterogeneous Information and the Benefits of Public Information Disclosures (October 2005)," UCLA Economics Online Papers 283, UCLA Department of Economics.
  17. Meixing Dai, 2009. "Public debt and currency crisis: how central bank opacity can make things bad?," Economics Bulletin, AccessEcon, vol. 29(1), pages 190-198.
  18. Kemal Kivanç Aköz & Pablo Hernández‐Lagos, 2019. "Rents from power for a dissident elite and mass mobilization," Scottish Journal of Political Economy, Scottish Economic Society, vol. 66(4), pages 584-604, September.
  19. Laura L. Veldkamp, 2006. "Information Markets and the Comovement of Asset Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(3), pages 823-845.
  20. Obstfeld, Maurice, 2005. "America’s Deficit, the World’s Problem," Department of Economics, Working Paper Series qt7j3436bf, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
  21. repec:hal:journl:hal-00952641 is not listed on IDEAS
  22. Anil K. Kashyap & Dimitrios P. Tsomocos & Alexandros P. Vardoulakis, 2014. "How does macroprudential regulation change bank credit supply?," NBER Working Papers 20165, National Bureau of Economic Research, Inc.
  23. David M. Frankel, 2010. "Rent Seeking and Economic Fragility," Levine's Bibliography 661465000000000159, UCLA Department of Economics.
  24. Mathevet, Laurent & Steiner, Jakub, 2013. "Tractable dynamic global games and applications," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2583-2619.
  25. Emine Boz, 2006. "Can Miracles Lead to Crises? An Informational Frictions Explanation of Emerging Markets Crises," Computing in Economics and Finance 2006 19, Society for Computational Economics.
  26. Antonio Cabrales & Rosemarie Nagel & Roc Armenter, 2007. "Equilibrium selection through incomplete information in coordination games: an experimental study," Experimental Economics, Springer;Economic Science Association, vol. 10(3), pages 221-234, September.
  27. Michele Berardi, 2011. "Strategic interactions, incomplete information and learning," Centre for Growth and Business Cycle Research Discussion Paper Series 157, Economics, The University of Manchester.
  28. Meroni, Claudia & Pimienta, Carlos, 2017. "The structure of Nash equilibria in Poisson games," Journal of Economic Theory, Elsevier, vol. 169(C), pages 128-144.
  29. Bassetto, Marco, 2005. "Equilibrium and government commitment," Journal of Economic Theory, Elsevier, vol. 124(1), pages 79-105, September.
  30. Goldstein, Itay & Razin, Assaf, 2015. "Three Branches of Theories of Financial Crises," Foundations and Trends(R) in Finance, now publishers, vol. 10(2), pages 113-180, 30.
  31. Matsushima, Hitoshi, 2013. "Behavioral aspects of arbitrageurs in timing games of bubbles and crashes," Journal of Economic Theory, Elsevier, vol. 148(2), pages 858-870.
  32. Challe, Edouard & Chrétien, Edouard, 2018. "Market microstructure, information aggregation and equilibrium uniqueness in a global game," European Economic Review, Elsevier, vol. 102(C), pages 82-99.
  33. Diego Moreno & Tuomas Takalo, 2016. "Optimal Bank Transparency," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(1), pages 203-231, February.
  34. Bannier, Christina E., 2003. "Privacy or Publicity - Who Drives the Wheel?," CFS Working Paper Series 2003/29, Center for Financial Studies (CFS).
  35. Sung, Sangwook & Cho, Hoon & Ryu, Doojin, 2019. "Market runs of hedge funds during financial crises," Economics Discussion Papers 2019-31, Kiel Institute for the World Economy (IfW Kiel).
  36. Florian Englmaier & Markus Reisinger, 2008. "Information, Coordination and the Industrialization of Countries," CESifo Economic Studies, CESifo Group, vol. 54(3), pages 534-550, September.
  37. Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2013. "Structural Models of Nonequilibrium Strategic Thinking: Theory, Evidence, and Applications," Journal of Economic Literature, American Economic Association, vol. 51(1), pages 5-62, March.
  38. Cheung, Yin-Wong & Friedman, Daniel, 2009. "Speculative attacks: A laboratory study in continuous time," Journal of International Money and Finance, Elsevier, vol. 28(6), pages 1064-1082, October.
  39. Piotr Evdokimov & Umberto Garfagnini, 2022. "Higher-order learning," Experimental Economics, Springer;Economic Science Association, vol. 25(4), pages 1234-1266, September.
  40. Shurchkov, Olga, 2016. "Public announcements and coordination in dynamic global games: Experimental evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 61(C), pages 20-30.
  41. repec:zbw:bofrdp:2012_009 is not listed on IDEAS
  42. Roweno J. R. K. Heijmans, 2023. "Unraveling Coordination Problems," Papers 2307.08557, arXiv.org, revised Aug 2023.
  43. George-Marios Angeletos & Chen Lian, 2018. "Forward Guidance without Common Knowledge," American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
  44. Machado, Caio, 2023. "Managing Overreaction During a Run," MPRA Paper 117896, University Library of Munich, Germany, revised 08 Jul 2023.
  45. Junichi Fujimoto, 2014. "Speculative attacks with multiple targets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 57(1), pages 89-132, September.
  46. Frankel, David M., 2010. "Shocks and Crises in the Long Run," Staff General Research Papers Archive 31687, Iowa State University, Department of Economics.
  47. Zhiguo He & Wei Xiong, 2012. "Dynamic Debt Runs," The Review of Financial Studies, Society for Financial Studies, vol. 25(6), pages 1799-1843.
  48. Kováč, Eugen & Steiner, Jakub, 2013. "Reversibility in dynamic coordination problems," Games and Economic Behavior, Elsevier, vol. 77(1), pages 298-320.
  49. Morris, Stephen & Shin, Hyun Song & Yildiz, Muhamet, 2016. "Common belief foundations of global games," Journal of Economic Theory, Elsevier, vol. 163(C), pages 826-848.
  50. Christian Hellwig, 2004. "Self-Fulfilling Currency Crises: The Role of Interest Rates (A.E.R., December 2006)," UCLA Economics Online Papers 338, UCLA Department of Economics.
  51. Allen, Franklin & Carletti, Elena & Goldstein, Itay & Leonello, Agnese, 2018. "Government guarantees and financial stability," Journal of Economic Theory, Elsevier, vol. 177(C), pages 518-557.
  52. Hitoshi Matsushima & Shunya Noda, 2020. "Mechanism Design with Blockchain Enforcement," DSSR Discussion Papers 111, Graduate School of Economics and Management, Tohoku University.
  53. Karp, Larry & Lee, In Ho & Mason, Robin, 2007. "A global game with strategic substitutes and complements," Games and Economic Behavior, Elsevier, vol. 60(1), pages 155-175, July.
  54. Bjönnes, Geir H. & Holden, Steinar & Rime, Dagfinn & Solheim, Haakon O.Aa., 2005. "'Large' vs. 'Small' Players: A Closer Look at the Dynamics of Speculative Attacks," SIFR Research Report Series 38, Institute for Financial Research.
  55. Chamon, Marcos, 2007. "Can debt crises be self-fulfilling?," Journal of Development Economics, Elsevier, vol. 82(1), pages 234-244, January.
  56. Alejandro Gaytan & Romain Rancière, 2001. "Banks, liquidity crises and economic growth," Economics Working Papers 853, Department of Economics and Business, Universitat Pompeu Fabra, revised May 2003.
  57. Drozd, Lukasz A. & Serrano-Padial, Ricardo, 2018. "Financial contracting with enforcement externalities," Journal of Economic Theory, Elsevier, vol. 178(C), pages 153-189.
  58. Kristian Blickle & Markus Brunnermeier & Stephan Luck, 2020. "Micro-evidence from a System-wide Financial Meltdown: The German Crisis of 1931," Working Papers 275, Princeton University, Department of Economics, Center for Economic Policy Studies..
  59. Konrad, Kai A. & Stolper, Tim B.M., 2016. "Coordination and the fight against tax havens," Journal of International Economics, Elsevier, vol. 103(C), pages 96-107.
  60. Claudio Borio, 2011. "Rediscovering the Macroeconomic Roots of Financial Stability Policy: Journey, Challenges, and a Way Forward," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 87-117, December.
  61. Jess Benhabib & Pengfei Wang & Yi Wen, 2017. "Uncertainty and Sentiment-Driven Equilibria," Studies in Economic Theory, in: Kazuo Nishimura & Alain Venditti & Nicholas C. Yannelis (ed.), Sunspots and Non-Linear Dynamics, chapter 0, pages 281-304, Springer.
  62. V. Bhaskar & Caroline Thomas, 2019. "The Culture of Overconfidence," American Economic Review: Insights, American Economic Association, vol. 1(1), pages 95-110, June.
  63. Christopher Blattman, 2009. "Civil War: A Review of Fifty Years of Research," Working Papers id:2231, eSocialSciences.
  64. Takashi Ui, 2023. "Strategic Ambiguity in Global Games," Papers 2303.12263, arXiv.org, revised Nov 2024.
  65. Arturo Bris & Ivo Welch, 2005. "The Optimal Concentration of Creditors," Journal of Finance, American Finance Association, vol. 60(5), pages 2193-2212, October.
  66. Itay Goldstein, 2005. "Strategic Complementarities and the Twin Crises," Economic Journal, Royal Economic Society, vol. 115(503), pages 368-390, April.
  67. Toni Ahnert & Ali Kakhbod, 2017. "Information Choice and Amplification of Financial Crises," The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 2130-2178.
  68. Anauati, María Victoria & Feld, Brian & Galiani, Sebastian & Torrens, Gustavo, 2016. "Collective action: Experimental evidence," Games and Economic Behavior, Elsevier, vol. 99(C), pages 36-55.
  69. Fujiki, Hiroshi & Otani, Akira, 2002. "Do Currency Regimes Matter in the 21st Century? An Overview," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 20(S1), pages 47-79, December.
  70. Christina E. Bannier & Frank Heinemann, 2005. "Optimal Transparency and Risk-Taking to Avoid Currency Crises," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(3), pages 374-391, September.
  71. Mukand, Sharun W., 2006. "Globalization and the `confidence game'," Journal of International Economics, Elsevier, vol. 70(2), pages 406-427, December.
  72. Olivier Jeanne & Charles Wyplosz, 2003. "The International Lender of Last Resort. How Large Is Large Enough?," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 89-124, National Bureau of Economic Research, Inc.
  73. Badics, Judit & Gömöri, András, 2004. "Információ és tudás [Information and knowledge]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 127-138.
  74. Laurent Mathevet & Jakub Steiner, 2012. "Sand in the Wheels: A Dynamic Global-Game Approach," CERGE-EI Working Papers wp459, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
  75. Anil K. Kashyap & Dimitrios P. Tsomocos, 2019. "Principles for macroprudential regulation," Chapters, in: Financial Regulation and Stability, chapter 1, pages 1-9, Edward Elgar Publishing.
  76. Gai, Prasanna & Hayes, Simon & Shin, Hyun Song, 2004. "Crisis costs and debtor discipline: the efficacy of public policy in sovereign debt crises," Journal of International Economics, Elsevier, vol. 62(2), pages 245-262, March.
  77. Armenter, Roc & Bodenstein, Martin, 2008. "Can The U.S. Monetary Policy Fall (Again) In An Expectation Trap?," Macroeconomic Dynamics, Cambridge University Press, vol. 12(5), pages 664-693, November.
  78. Geethanjali Selvaretnam, 2014. "Optimal Reserves and Short-Term Interest Rates in a Model of Bank Runs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 61(5), pages 537-558, November.
  79. Kristian Blickle & Markus K. Brunnermeier & Stephan Luck, 2022. "Who Can Tell Which Banks Will Fail?," NBER Working Papers 29753, National Bureau of Economic Research, Inc.
  80. Herrendorf, Berthold & Valentinyi, Akos, 2006. "On the stability of the two-sector neoclassical growth model with externalities," Journal of Economic Dynamics and Control, Elsevier, vol. 30(8), pages 1339-1361, August.
  81. Guimaraes, Bernardo & Machado, Caio, 2013. "Demand expectations and the timing of stimulus policies," MPRA Paper 48895, University Library of Munich, Germany.
  82. Jón Daníelsson & Francisco Peñaranda, 2011. "On The Impact Of Fundamentals, Liquidity, And Coordination On Market Stability," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(3), pages 621-638, August.
  83. Morris, Stephen & Shin, Hyun Song, 1999. "Risk Management with Interdependent Choice," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 15(3), pages 52-62, Autumn.
  84. Andreas Nastansky & Sarah Siris, 2024. "Risikoverbund zwischen Banken und Staaten: Eine empirische Analyse für den Euroraum," Statistische Diskussionsbeiträge 56, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
  85. Ennis, Huberto M. & Keister, Todd, 2005. "Government policy and the probability of coordination failures," European Economic Review, Elsevier, vol. 49(4), pages 939-973, May.
  86. Chanelle Duley & Prasanna Gai, 2020. "When the penny doesn't drop - Macroeconomic tail risk and currency crises," National Institute of Economic and Social Research (NIESR) Discussion Papers 520, National Institute of Economic and Social Research.
  87. Fritzi Koehler-Geib, 2007. "The Uncertainty Channel of Contagion," Working Papers 034, Bavarian Graduate Program in Economics (BGPE).
  88. Goldstein, Itay & Jiang, Hao & Ng, David T., 2017. "Investor flows and fragility in corporate bond funds," Journal of Financial Economics, Elsevier, vol. 126(3), pages 592-613.
  89. Pasquale Scaramozzino & Jonathan Temple & Nir Vulkan, 2005. "Implementation Cycles in the New Economy," Bristol Economics Discussion Papers 05/569, School of Economics, University of Bristol, UK.
  90. Christian Bauer & Philip Ernstberger, 2014. "The Dynamics of Currency Crises---Results from Intertemporal Optimization and Viscosity Solutions," Research Papers in Economics 2014-06, University of Trier, Department of Economics.
  91. Sonia Bhalotra & Irma Clots-Figueras & Lakshmi Iyer & Joseph Vecci, 2023. "Leader Identity and Coordination," The Review of Economics and Statistics, MIT Press, vol. 105(1), pages 175-189, January.
  92. Pagratis, Spyros, 2004. "Co-ordination failure and the role of banks in the resolution of financial distress," LSE Research Online Documents on Economics 24939, London School of Economics and Political Science, LSE Library.
  93. Péter Kondor, 2009. "The more we know, the less we agree: Higher-order expectations and public announcements," 2009 Meeting Papers 1018, Society for Economic Dynamics.
  94. Willemien Kets & Alvaro Sandroni, 2021. "A Theory of Strategic Uncertainty and Cultural Diversity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(1), pages 287-333.
  95. Partha Sen, 1998. "Non-Uniqueness In The First Generation Balance Of Payments Crisis Models," Working papers 59, Centre for Development Economics, Delhi School of Economics.
  96. Femminis, Gianluca, 2007. "Currency Attacks With Multiple Equilibria And Imperfect Information: The Role Of Wage-Setters," Macroeconomic Dynamics, Cambridge University Press, vol. 11(1), pages 79-112, February.
  97. Mei Li & Junfeng Qiu, 2011. "Endogenous inflows of speculative capital and the optimal currency appreciation path," Canadian Journal of Economics, Canadian Economics Association, vol. 44(1), pages 364-379, February.
  98. Albertazzi, Ugo & Burlon, Lorenzo & Pavanini, Nicola & Jankauskas, Tomas, 2020. "The (unobservable) value of central bank’s refinancing operations," Working Paper Series 2480, European Central Bank.
  99. Bassetto, Marco, 2019. "Forward guidance: Communication, commitment, or both?," Journal of Monetary Economics, Elsevier, vol. 108(C), pages 69-86.
  100. Camille Cornand, 2006. "Speculative Attacks and Informational Structure: an Experimental Study," Review of International Economics, Wiley Blackwell, vol. 14(5), pages 797-817, November.
  101. Edmond, Chris, 2018. "Non-Laplacian beliefs in a global game with noisy signaling," Research in Economics, Elsevier, vol. 72(2), pages 297-312.
  102. Mark Gertler & Nobuhiro Kiyotaki, 2015. "Banking, Liquidity, and Bank Runs in an Infinite Horizon Economy," American Economic Review, American Economic Association, vol. 105(7), pages 2011-2043, July.
  103. Mitsuru Katagiri, 2016. "Coordination in Price Setting and the Zero Lower Bound: A Global Games Approach," Bank of Japan Working Paper Series 16-E-12, Bank of Japan.
  104. Bernardo Guimaraes & Gabriel Jardanovski, 2022. "Who matters in dynamic coordination problems?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(3), pages 452-469, June.
  105. , & ,, 2013. "Selection-free predictions in global games with endogenous information and multiple equilibria," Theoretical Economics, Econometric Society, vol. 8(3), September.
  106. Oyama, Daisuke & Tercieux, Olivier, 2009. "Iterated potential and robustness of equilibria," Journal of Economic Theory, Elsevier, vol. 144(4), pages 1726-1769, July.
  107. Daisuke Ikeda & Hidehiko Matsumoto, 2021. "Procyclical Leverage and Crisis Probability in a Macroeconomic Model of Bank Runs," IMES Discussion Paper Series 21-E-01, Institute for Monetary and Economic Studies, Bank of Japan.
  108. Mensch, Jeffrey, 2021. "Rational inattention and the monotone likelihood ratio property," Journal of Economic Theory, Elsevier, vol. 196(C).
  109. Naqvi, Hassan, 2015. "Banking crises and the lender of last resort: How crucial is the role of information?," Journal of Banking & Finance, Elsevier, vol. 54(C), pages 20-29.
  110. Corsetti, Giancarlo & Pesenti, Paolo & Roubini, Nouriel, 1999. "Paper tigers?: A model of the Asian crisis," European Economic Review, Elsevier, vol. 43(7), pages 1211-1236, June.
  111. Tijmen R. Daniels & Henk Jager & Franc Klaassen, 2008. "Defending against Speculative Attacks," Tinbergen Institute Discussion Papers 08-090/2, Tinbergen Institute, revised 06 Apr 2009.
  112. Huanxing Yang, 2010. "Information aggregation and investment cycles with strategic complementarity," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(2), pages 281-311, May.
  113. Luisa Corrado & Marcus Miller & Lei Zhang, 2007. "Bulls, bears and excess volatility: can currency intervention help?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 12(2), pages 261-272.
  114. Chen, Qi & Goldstein, Itay & Jiang, Wei, 2010. "Payoff complementarities and financial fragility: Evidence from mutual fund outflows," Journal of Financial Economics, Elsevier, vol. 97(2), pages 239-262, August.
  115. Huberto M. Ennis & Todd Keister, 2001. "Optimal policy with probabilistic equilibrium selection," Working Paper 01-03, Federal Reserve Bank of Richmond.
  116. Camille Cornand & Frank Heinemann, 2014. "Experiments on Monetary Policy and Central Banking," Research in Experimental Economics, in: Experiments in Macroeconomics, volume 17, pages 167-227, Emerald Group Publishing Limited.
  117. Sharun Mukand & Sumon Majumdar, 2007. "The Leader As Catalyst: On Leadership And The Mechanics Of Institutional Change," Working Paper 1128, Economics Department, Queen's University.
  118. Hellwig, Martin, 2022. "Incomplete-information games in large populations with anonymity," Theoretical Economics, Econometric Society, vol. 17(1), January.
  119. 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.
  120. Nabi, Mahmoud Sami, 2001. "Banking Performance and Speculative Attacks Under Asymmetric Information," MPRA Paper 24515, University Library of Munich, Germany.
  121. Sarkar, Abhirup & Sinha, Abhinandan, 2022. "Clientelism and violence: The politics of informal economy," Economic Modelling, Elsevier, vol. 114(C).
  122. Corrado, L. & Marcus Miller & Lei Zhang, 2002. "Exchange Rate Monitoring Bands: Theory and Policy," Cambridge Working Papers in Economics 0209, Faculty of Economics, University of Cambridge.
  123. Thomas Lubik & Christian Matthes & Elmar Mertens, 2023. "Indeterminacy and Imperfect Information," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 37-57, July.
  124. Aleh Tsyvinski & Arijit Mukherji & Christian Hellwig, 2006. "Self-Fulfilling Currency Crises: The Role of Interest Rates," American Economic Review, American Economic Association, vol. 96(5), pages 1769-1787, December.
  125. Li, Mei & Milne, Frank, 2014. "The role of a large trader in a dynamic currency attack model," Journal of Financial Intermediation, Elsevier, vol. 23(4), pages 590-620.
  126. Marco Bassetto & Carlo Galli, 2019. "Is Inflation Default? The Role of Information in Debt Crises," American Economic Review, American Economic Association, vol. 109(10), pages 3556-3584, October.
  127. Viral V. Acharya & Hanh T. Le & Hyun Song Shin, 2017. "Bank Capital and Dividend Externalities," The Review of Financial Studies, Society for Financial Studies, vol. 30(3), pages 988-1018.
  128. Camille Cornand & Frank Heinemann, 2009. "Speculative Attacks with Multiple Sources of Public Information," Scandinavian Journal of Economics, Wiley Blackwell, vol. 111(1), pages 73-102, March.
  129. Karp, Larry, 2005. "Friction and the Multiplicity of Equilibria," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt0n1563b5, Department of Agricultural & Resource Economics, UC Berkeley.
  130. Jon Frost, 2015. "A theory of bazookas; or, "when (and when not) to use large-scale official sector support"," DNB Working Papers 479, Netherlands Central Bank, Research Department.
  131. Christiansen, Charlotte & Ranaldo, Angelo, 2009. "Extreme coexceedances in new EU member states' stock markets," Journal of Banking & Finance, Elsevier, vol. 33(6), pages 1048-1057, June.
  132. Morris, Stephen & Shin, Hyun Song, 2006. "Catalytic finance: When does it work?," Journal of International Economics, Elsevier, vol. 70(1), pages 161-177, September.
  133. Sergio Currarini & Francesco Feri & Bjoern Hartig & Miguel A. Meléndez-Jiménez, "undated". "To Share or Not to Share: An Experiment on Information Transmission in Networks," Discussion Papers in Economics 20/08, Division of Economics, School of Business, University of Leicester.
  134. Christina E. Bannier, 2003. "Privacy or Publicity - Who Drives the Wheel?," Game Theory and Information 0309006, University Library of Munich, Germany.
  135. Dailami, Mansoor & Masson, Paul R. & Padou, Jean Jose, 2008. "Global monetary conditions versus country-specific factors in the determination of emerging market debt spreads," Journal of International Money and Finance, Elsevier, vol. 27(8), pages 1325-1336, December.
  136. Vives, Xavier & Vravosinos, Orestis, 2024. "Strategic complementarity in games," Journal of Mathematical Economics, Elsevier, vol. 113(C).
  137. Michiel Bijlsma & Wim Suyker, 2008. "The credit crisis and the Dutch economy... in eight frequently asked questions," CPB Memorandum 210.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
  138. Kuksov, Dmitri, 2006. "Search, common knowledge, and competition," Journal of Economic Theory, Elsevier, vol. 130(1), pages 95-108, September.
  139. Rondina, Giacomo & Shim, Myungkyu, 2015. "Financial prices and information acquisition in large Cournot markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 769-786.
  140. Bleaney, Michael & Bougheas, Spiros & Skamnelos, Ilias, 2008. "A model of the interactions between banking crises and currency crises," Journal of International Money and Finance, Elsevier, vol. 27(5), pages 695-706, September.
  141. Dengwei Qi, 2022. "Learning and Strategic Delay in a Dynamic Coordination Game," KIER Working Papers 1087, Kyoto University, Institute of Economic Research.
  142. Morris, Stephen & Shin, Hyun Song, 2004. "Coordination risk and the price of debt," European Economic Review, Elsevier, vol. 48(1), pages 133-153, February.
  143. Kneeland, Terri, 2016. "Coordination under limited depth of reasoning," Games and Economic Behavior, Elsevier, vol. 96(C), pages 49-64.
  144. Karp, Larry S., 2008. "Correct (and misleading) argument for using market-based pollution control policies," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6030, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  145. Masazumi Hattori, 2001. "A Survey on Recent Theories and Empirical Analyses Regarding Currency Crises -- The Role of Liquidity Provision as a Policy Measure in Currency Crisis Management --," Bank of Japan Working Paper Series International Department,, Bank of Japan.
  146. Mouratidis, Kostas, 2008. "Evaluating currency crises: A Bayesian Markov switching approach," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1688-1711, December.
  147. Karp, Larry & Perloff, Jeffrey M., 2003. "When Promoters Like Scalpers," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt52d579j4, Department of Agricultural & Resource Economics, UC Berkeley.
  148. Morris, Stephen & Shin, Hyun Song, 1998. "A Theory of the Onset of Currency Attacks," CEPR Discussion Papers 2025, C.E.P.R. Discussion Papers.
  149. Jan Henryk Pierskalla, 2010. "Protest, Deterrence, and Escalation: The Strategic Calculus of Government Repression," Journal of Conflict Resolution, Peace Science Society (International), vol. 54(1), pages 117-145, February.
  150. Külpmann, Philipp & Khantadze, Davit, 2016. "Identifying the reasons for coordination failure in a laboratory experiment," Center for Mathematical Economics Working Papers 567, Center for Mathematical Economics, Bielefeld University.
  151. Mei Li, 2013. "Investment complementarities, coordination failure, and systemic bankruptcy," Oxford Economic Papers, Oxford University Press, vol. 65(4), pages 767-788, October.
  152. Bosco, Davide & Gilli, Mario, 2024. "Effort Provision and Incentivisation in Tullock Group-Contests with Many Groups: An Explicit Characterisation," FEEM Working Papers 343508, Fondazione Eni Enrico Mattei (FEEM).
  153. Szkup, Michal, 2017. "Preventing Self-fulfilling debt crises," MPRA Paper 82754, University Library of Munich, Germany.
  154. Ricardo Reis, 2013. "The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis," American Economic Review, American Economic Association, vol. 103(3), pages 135-140, May.
  155. Harrison, Rodrigo & Jara-Moroni, Pedro, 2015. "A dominance solvable global game with strategic substitutes," Journal of Mathematical Economics, Elsevier, vol. 57(C), pages 1-11.
  156. Bernardo Guimaraes, 2008. "Vulnerability of Currency Pegs: Evidence from Brazil," CEP Discussion Papers dp0871, Centre for Economic Performance, LSE.
  157. Guimaraes, Bernardo & Morris, Stephen, 2007. "Risk and wealth in a model of self-fulfilling currency attacks," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2205-2230, November.
  158. Wang, Bo & Zhou, Zhen, 2023. "Informational feedback between voting and speculative trading," Games and Economic Behavior, Elsevier, vol. 138(C), pages 387-406.
  159. Toni Ahnert & Christoph Bertsch, 2022. "A Wake-Up Call Theory of Contagion [Asymmetric business cycles: theory and time-series evidence]," Review of Finance, European Finance Association, vol. 26(4), pages 829-854.
  160. Ahn, Dong-Hyun & Kim, Soohun & Seo, Kyoungwon, 2020. "Self-fulfilling arbitrages necessitate crash risk," Journal of Financial Markets, Elsevier, vol. 51(C).
  161. Araujo, Luis & Guimaraes, Bernardo, 2015. "Intertemporal coordination with delay options," Journal of Economic Theory, Elsevier, vol. 157(C), pages 793-810.
  162. Broner, Fernando A., 2008. "Discrete devaluations and multiple equilibria in a first generation model of currency crises," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 592-605, April.
  163. Mundaca, Gabriela, 2003. "Optimal bailout during currency and financial crises: A sequential game analysis," Memorandum 27/2002, Oslo University, Department of Economics.
  164. Roger Guesnerie & Pedro Jara-Moroni, 2007. "Expectational coordination in a class of economic models: Strategic substitutabilities versus strategic complementarities," PSE Working Papers halshs-00587837, HAL.
  165. TCHANA TCHANA, Fulbert, 2008. "Regulation and Banking Stability: A Survey of Empirical Studies," MPRA Paper 9298, University Library of Munich, Germany, revised 30 May 2008.
  166. George-Marios Angeletos, 2018. "Frictional Coordination," Journal of the European Economic Association, European Economic Association, vol. 16(3), pages 563-603.
  167. Andrea Cipollini & Kostas Mouratidis & Nicola Spagnolo, 2008. "Evaluating currency crises: the case of the European monetary system," Empirical Economics, Springer, vol. 35(1), pages 11-27, August.
  168. In-Ho Lee & Robin Mason, 2002. "Coordination in the static and the dynamic," Levine's Working Paper Archive 391749000000000503, David K. Levine.
  169. Duffy, John & Ochs, Jack, 2012. "Equilibrium selection in static and dynamic entry games," Games and Economic Behavior, Elsevier, vol. 76(1), pages 97-116.
  170. Bo, Wang & Suli, Zheng, 2020. "Heterogeneous fragility, systematic panic and optimal transparency," Economics Letters, Elsevier, vol. 191(C).
  171. Moheeput, Ashwin, 2008. "Financial Fragility, Systemic Risks and Informational Spillovers : Modelling Banking Contagion as State-Contingent Change in Cross-Bank Correlation," The Warwick Economics Research Paper Series (TWERPS) 853, University of Warwick, Department of Economics.
  172. Nagel, Rosemarie & Bühren, Christoph & Frank, Björn, 2017. "Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game," Mathematical Social Sciences, Elsevier, vol. 90(C), pages 191-207.
  173. Philipp König & Kartik Anand & Frank Heinemann, 2013. "The ‘Celtic Crisis’: Guarantees, Transparency and Systemic Liquidity Risk," Staff Working Papers 13-31, Bank of Canada.
  174. Ernesto Pasten & Yang K. Lu, 2010. "Coordination of Expectations and the Informational Role of Policy," 2010 Meeting Papers 985, Society for Economic Dynamics.
  175. Bratsiotis, George J. & Peng, Baochun, 2008. "Social Interaction and Effort in a Success-at-Work Augmented Utility Model," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 37(4), pages 1309-1318.
  176. 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.
  177. repec:hum:wpaper:sfb649dp2009-011 is not listed on IDEAS
  178. Frankel, David M. & Morris, Stephen & Pauzner, Ady, 2003. "Equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 1-44, January.
  179. Alejandro Gaytan & Romain Ranciere, 2004. "Wealth, Financial Intermediation and Growth," Working Papers 191, Barcelona School of Economics.
  180. Antonio Penta & Peio Zuazo-Garin, 2022. "Rationalizability, Observability, and Common Knowledge," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(2), pages 948-975.
  181. Jose M P Jorge, 2007. "Financial System Architecture: The Role of Systemic Risk, Added Value and Liquidity," Money Macro and Finance (MMF) Research Group Conference 2006 155, Money Macro and Finance Research Group.
  182. Pablo Kurlat, 2015. "Optimal Stopping in a Model of Speculative Attacks," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 18(2), pages 212-226, April.
  183. Mr. Damien Capelle, 2021. "Competition vs. Stability: Oligopolistic Banking System with Run Risk," IMF Working Papers 2021/102, International Monetary Fund.
  184. Matthieu Bouvard & Pierre Chaigneau & Adolfo De Motta, 2015. "Transparency in the Financial System: Rollover Risk and Crises," Journal of Finance, American Finance Association, vol. 70(4), pages 1805-1837, August.
  185. Chen, Hongyi & Cao, Shuo, 2019. "Exchange Rate Movements and Fundamentals: Impact of Oil Prices and the People’s Republic of China’s Growth," ADBI Working Papers 938, Asian Development Bank Institute.
  186. Nikola Tarashev & Anna Zabai, 2016. "When pegging ties your hands," BIS Working Papers 547, Bank for International Settlements.
  187. Cukierman, Alex & Izhakian, Yehuda, 2015. "Bailout uncertainty in a microfounded general equilibrium model of the financial system," Journal of Banking & Finance, Elsevier, vol. 52(C), pages 160-179.
  188. Xavier Vives, 2014. "Strategic Complementarity, Fragility, and Regulation," The Review of Financial Studies, Society for Financial Studies, vol. 27(12), pages 3547-3592.
  189. Veldkamp, Laura, 2006. "Uncertainty, policy ineffectiveness and long stagnation of the macroeconomy," Japan and the World Economy, Elsevier, vol. 18(3), pages 273-277, August.
  190. R. Gaston Gelos & Shang-Jin Wei, 2002. "Transparency and International Investor Behavior," NBER Working Papers 9260, National Bureau of Economic Research, Inc.
  191. Ahnert, Toni & Hoffmann, Peter & Leonello, Agnese & Porcellacchia, Davide, 2023. "Central Bank Digital Currency and financial stability," Working Paper Series 2783, European Central Bank.
  192. Philippe Jorion, 2007. "Bank Trading Risk and Systemic Risk," NBER Chapters, in: The Risks of Financial Institutions, pages 29-57, National Bureau of Economic Research, Inc.
  193. Joseph Haslag, 2019. "On Processing Central Bank Communications: Can We Account for Fed Watching?," 2019 Meeting Papers 415, Society for Economic Dynamics.
  194. Abhirup Sarkar, 2018. "Clientelism, Contagious Voting and Governance," Economica, London School of Economics and Political Science, vol. 85(339), pages 518-531, July.
  195. Jón Daníelsson & Jean-Pierre Zigrand, 2008. "Equilibrium asset pricing with systemic risk," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(2), pages 293-319, May.
  196. Cong, Lin William & Grenadier, Steven R. & Hu, Yunzhi, 2020. "Dynamic interventions and informational linkages," Journal of Financial Economics, Elsevier, vol. 135(1), pages 1-15.
  197. Rochon, Celine, 2006. "Devaluation without common knowledge," Journal of International Economics, Elsevier, vol. 70(2), pages 470-489, December.
  198. Benjamin Hébert & Michael Woodford, 2021. "Neighborhood-Based Information Costs," American Economic Review, American Economic Association, vol. 111(10), pages 3225-3255, October.
  199. Guillermo A. Calvo & Alejandro Izquierdo, 2004. "On the empirics of Sudden Stops: the relevance of balance-sheet effects," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
  200. Martin Shubik, 2012. "Mathematical Institutional Economics," Cowles Foundation Discussion Papers 1882, Cowles Foundation for Research in Economics, Yale University.
  201. Arato Hiroki & Nakamura Tomoya, 2011. "The Benefit of Mixing Private Noise into Public Information in Beauty Contest Games," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 11(1), pages 1-17, March.
  202. Stephen Morris & Hyun Song Shin, 2001. "Rethinking Multiple Equilibria in Macroeconomic Modeling," NBER Chapters, in: NBER Macroeconomics Annual 2000, Volume 15, pages 139-182, National Bureau of Economic Research, Inc.
  203. Helland, Leif & Iachan, Felipe S. & Juelsrud, Ragnar E. & Nenov, Plamen T., 2021. "Information quality and regime change: Evidence from the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 538-554.
  204. Allen, Franklin & Gale, Douglas, 2000. "Optimal currency crises," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 177-230, December.
  205. repec:zbw:bofitp:2001_010 is not listed on IDEAS
  206. Frankel, David M., 2017. "Efficient ex-ante stabilization of firms," Journal of Economic Theory, Elsevier, vol. 170(C), pages 112-144.
  207. 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.
  208. Jonathan J Adams, 2021. "Firestorm: Multiplicity in Models with Full Information," Working Papers 001006, University of Florida, Department of Economics.
  209. Bhattacharya, Utpal, 2005. "Financial liberalization and the stability of currency pegs," Journal of Corporate Finance, Elsevier, vol. 11(1-2), pages 351-374, March.
  210. Ole Jann & Christoph Schottmüller, 2015. "How Jeremy Bentham would defend against coordinated attacks," Discussion Papers 15-11, University of Copenhagen. Department of Economics.
  211. Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
  212. Shuo Liu & Harry Pei, 2017. "Monotone equilibria in signalling games," ECON - Working Papers 252, Department of Economics - University of Zurich.
  213. Besancenot, Damien & Vranceanu, Radu, 2014. "Experimental evidence on the ‘insidious’ illiquidity risk," Research in Economics, Elsevier, vol. 68(4), pages 315-323.
  214. Jean-Pierre Allegret & Camille Cornand, 2006. "The pros and cons of higher transparency: the case of speculative attacks," Recherches économiques de Louvain, De Boeck Université, vol. 72(3), pages 215-246.
  215. Chan, Kenneth S. & Chiu, Y. Stephen, 2002. "The role of (non-)transparency in a currency crisis model," European Economic Review, Elsevier, vol. 46(2), pages 397-416, February.
  216. Marcello Pericoli & Massimo Sbracia, 2003. "A Primer on Financial Contagion," Journal of Economic Surveys, Wiley Blackwell, vol. 17(4), pages 571-608, September.
  217. Lili Zhu & Jiawen Yang, 2010. "Psychic Distance in the Eight-year Crisis: An Empirical Study," Chapters, in: Brian Bruce (ed.), Handbook of Behavioral Finance, chapter 7, Edward Elgar Publishing.
  218. Douglas Silveira & Ricardo B. L. M. Oscar, 2024. "Inflation Targeting Regimes in Emerging Market Economies: To Invest or Not to Invest?," Computational Economics, Springer;Society for Computational Economics, vol. 64(4), pages 2097-2129, October.
  219. Karp, Larry & Paul, Thierry, 2005. "Friction and the Multiplicity of Equilibria," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt1r57v43d, Department of Agricultural & Resource Economics, UC Berkeley.
  220. Chui, Michael & Gai, Prasanna & Haldane, Andrew G., 2002. "Sovereign liquidity crises: Analytics and implications for public policy," Journal of Banking & Finance, Elsevier, vol. 26(2-3), pages 519-546, March.
  221. Lin William Cong & Ye Li & Neng Wang, 2021. "Tokenomics: Dynamic Adoption and Valuation [The demand of liquid assets with uncertain lumpy expenditures]," The Review of Financial Studies, Society for Financial Studies, vol. 34(3), pages 1105-1155.
  222. Kojima, Fuhito, 2006. "Risk-dominance and perfect foresight dynamics in N-player games," Journal of Economic Theory, Elsevier, vol. 128(1), pages 255-273, May.
  223. George-Marios Angeletos & Zhen Huo, 2021. "Myopia and Anchoring," American Economic Review, American Economic Association, vol. 111(4), pages 1166-1200, April.
  224. Amil Dasgupta & Jakub Steiner & Colin Stewart, 2007. "Efficient Dynamic Coordination with Individual Learning," Working Papers tecipa-301, University of Toronto, Department of Economics.
  225. Guillermo Calvo, 2015. "The Liquidity Approach to Bubbles, Crises, Jobless Recoveries, and Involuntary Unemployment," Central Banking, Analysis, and Economic Policies Book Series, in: Ricardo J. Caballero & Klaus Schmidt-Hebbel (ed.),Economic Policies in Emerging-Market Economies Festschrift in Honor of Vittorio Corbo, edition 1, volume 21, chapter 6, pages 079-108, Central Bank of Chile.
  226. Damien Besancenot & Radu Vranceanu, 2011. "Experimental Evidence on the 'Insidious' Illiquidity Risk," Post-Print hal-00607867, HAL.
  227. Claudio Borio & Mathias Drehmann, 2011. "Toward an Operational Framework for Financial Stability: “Fuzzy” Measurement and Its Consequences," Central Banking, Analysis, and Economic Policies Book Series, in: Rodrigo Alfaro (ed.),Financial Stability, Monetary Policy, and Central Banking, edition 1, volume 15, chapter 4, pages 063-123, Central Bank of Chile.
  228. Pastine, Ivan, 2002. "Speculation and the decision to abandon a fixed exchange rate regime," Journal of International Economics, Elsevier, vol. 57(1), pages 197-229, June.
  229. Ing-Haw Cheng & Alice Hsiaw, 2022. "Reporting Sexual Misconduct in the #MeToo Era," American Economic Journal: Microeconomics, American Economic Association, vol. 14(4), pages 761-803, November.
  230. Gaëtan Le Quang, 2017. "Taking Diversity into Account: the Diversity of Financial Institutions and Accounting Regulation," Working Papers hal-04141663, HAL.
  231. Morgan, John, 2004. "Clock Games: Theory and Experiments," Santa Cruz Department of Economics, Working Paper Series qt81m0r0jj, Department of Economics, UC Santa Cruz.
  232. Kim, Teakdong & Koo, Bonwoo & Park, Minsoo, 2013. "Role of financial regulation and innovation in the financial crisis," Journal of Financial Stability, Elsevier, vol. 9(4), pages 662-672.
  233. Dragan Tevdovski, 2014. "Extreme negative coexceedances in South Eastern European stock markets," CREATES Research Papers 2014-18, Department of Economics and Business Economics, Aarhus University.
  234. Nikitin, Maxim & Smith, R. Todd, 2008. "Information acquisition, coordination, and fundamentals in a financial crisis," Journal of Banking & Finance, Elsevier, vol. 32(6), pages 907-914, June.
  235. Stephen Morris & Ming Yang, 2016. "Coordination and Continuous Choice," Working Papers 087_2017, Princeton University, Department of Economics, Econometric Research Program..
  236. Jin, Yu, 2012. "Essays on financial institutions and instability," ISU General Staff Papers 201201010800003361, Iowa State University, Department of Economics.
  237. Leonello, Agnese, 2018. "Government guarantees and the two-way feedback between banking and sovereign debt crises," Journal of Financial Economics, Elsevier, vol. 130(3), pages 592-619.
  238. Gaëtan Le Quang, 2019. "Mind the Conversion Risk: a Theoretical Assessment of Contingent Convertible Bonds," Working Papers hal-04141886, HAL.
  239. Amil Dasgupta, 2002. "Coordination, Learning, and Delay," FMG Discussion Papers dp435, Financial Markets Group.
  240. Basteck, Christian & Daniëls, Tijmen R. & Heinemann, Frank, 2013. "Characterising equilibrium selection in global games with strategic complementarities," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2620-2637.
  241. Plantin, Guillaume, 2003. "Self-fulfilling liquidity and the coordination premium," LSE Research Online Documents on Economics 24756, London School of Economics and Political Science, LSE Library.
  242. Ettore Panetti, 2016. "Bank Runs: Theories and Policy Applications," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
  243. Christian Hellwig, 2004. "Dynamic Global Games of Regime Change: Learning, Multiplicity and Timing of Attacks (August 2006, with George-Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 279, UCLA Department of Economics.
  244. Chong Huang, 2011. "Coordination and Social Learning," PIER Working Paper Archive 11-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
  245. Tai-kuang Ho & Ming-yen Wu, 2012. "Third-person Effect and Financial Contagion in the Context of a Global Game," Open Economies Review, Springer, vol. 23(5), pages 823-846, November.
  246. Zhen Zhou & Deepal Basak, 2015. "Diffusing Coordination Risk," 2015 Meeting Papers 1350, Society for Economic Dynamics.
  247. Levin, Dan & Peck, James, 2008. "Investment dynamics with common and private values," Journal of Economic Theory, Elsevier, vol. 143(1), pages 114-139, November.
  248. Cao, Jin & Juelsrud, Ragnar E., 2022. "Opacity and risk-taking: Evidence from Norway," Journal of Banking & Finance, Elsevier, vol. 134(C).
  249. Brealey, R. A. & Kaplanis, E., 2004. "The impact of IMF programs on asset values," Journal of International Money and Finance, Elsevier, vol. 23(2), pages 253-270, March.
  250. Sareh Vosooghi, 2019. "Panic-Based Overfishing in Transboundary Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1287-1313, August.
  251. Fehr, Dietmar & Heinemann, Frank & Llorente-Saguer, Aniol, 2019. "The power of sunspots: An experimental analysis," Journal of Monetary Economics, Elsevier, vol. 103(C), pages 123-136.
  252. L. Deidda & E. Panetti, 2024. "Bank Recovery and Resolution Planning, Liquidity Management and Fragility," Working Paper CRENoS 202420, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  253. HAMADA Kouichi & TANABE Yasuo, 2003. "Noisy Signals and Unsophisticated Players in a Coordination Model of a Barter Economy," ESRI Discussion paper series 076, Economic and Social Research Institute (ESRI).
  254. Kieren, Pascal & König-Kersting, Christian & Schmidt, Robert J. & Trautmann, Stefan T. & Theurich, Franziska, 2024. "First-order and higher-order inflation expectations: Evidence about households and firms," Discussion Papers 18/2024, Deutsche Bundesbank.
  255. Kathy Yuan & Emre Ozdenoren & Itay Goldstein, 2008. "Learning and Complementarities: Implications for Speculative Attacks," 2008 Meeting Papers 276, Society for Economic Dynamics.
  256. Kasahara, Tetsuya, 2009. "Coordination failure among multiple lenders and the role and effects of public policy," Journal of Financial Stability, Elsevier, vol. 5(2), pages 183-198, June.
  257. Ramana Nanda & Matthew Rhodes-Kropf, 2017. "Financing Risk and Innovation," Management Science, INFORMS, vol. 63(4), pages 901-918, April.
  258. Richard K. Lyons & Ganesh Viswanath-Natraj, 2020. "What Keeps Stablecoins Stable?," NBER Working Papers 27136, National Bureau of Economic Research, Inc.
  259. E. Panetti & LG Deidda, 2018. "Banks' Liquidity Management and Financial Fragility," Working Paper CRENoS 201809, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  260. Xavier Vives, 2011. "Competition and Stability in Banking," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia (ed.),Monetary Policy under Financial Turbulence, edition 1, volume 16, chapter 12, pages 455-502, Central Bank of Chile.
  261. Malamud, Semyon & Malkhozov, Aytek, 2016. "Market Integration and Global Crashes," CEPR Discussion Papers 11468, C.E.P.R. Discussion Papers.
  262. Dasgupta, Amil & Brav, Alon & Mathews, Richmond, 2016. "Wolf Pack Activism," CEPR Discussion Papers 11507, C.E.P.R. Discussion Papers.
  263. E. Panetti & LG Deidda, 2017. "Banks' Liquidity Management and Systemic Risk," Working Paper CRENoS 201705, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  264. Andrew Schotter & Isabel Trevino, 2021. "Is response time predictive of choice? An experimental study of threshold strategies," Experimental Economics, Springer;Economic Science Association, vol. 24(1), pages 87-117, March.
  265. Angeletos, G.-M. & Lian, C., 2016. "Incomplete Information in Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1065-1240, Elsevier.
  266. König, Philipp & Anand, Kartik & Heinemann, Frank, 2014. "Guarantees, transparency and the interdependency between sovereign and bank default risk," Journal of Banking & Finance, Elsevier, vol. 45(C), pages 321-337.
  267. Christina Bannier, 2003. "The Role of Information Disparity in the 1994/95 Mexican Peso," International Finance 0310001, University Library of Munich, Germany.
  268. Auer, Raphael & Shin, Hyun Song & Monnet, Cyril, 2021. "Distributed Ledgers and the Governance of Money," CEPR Discussion Papers 16752, C.E.P.R. Discussion Papers.
  269. Castañeda Dower, Paul & Pfutze, Tobias, 2013. "Specificity of control: The case of Mexico's ejido reform," Journal of Economic Behavior & Organization, Elsevier, vol. 91(C), pages 13-33.
  270. Sandeep Baliga & Tomas Sjöström, 2004. "Arms Races and Negotiations," Review of Economic Studies, Oxford University Press, vol. 71(2), pages 351-369.
  271. Giancarlo Corsetti & Amil Dasgupta & Stephen Morris & Hyun Song Shin, 2004. "Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(1), pages 87-113.
  272. Allen, Franklin, 2004. "Financial Crises, Liquidity, and the International Monetary System: Jean Tirole, Princeton University Press, 2002," Journal of International Economics, Elsevier, vol. 62(1), pages 233-236, January.
  273. Guimaraes, Bernardo, 2005. "Unique equilibrium in a dynamic model of crises with frictions," LSE Research Online Documents on Economics 4907, London School of Economics and Political Science, LSE Library.
  274. Mr. Hyun S Shin, 2013. "Procyclicality and the Search for Early Warning Indicators," IMF Working Papers 2013/258, International Monetary Fund.
  275. Brunnermeier, Markus K. & Morgan, John, 2010. "Clock games: Theory and experiments," Games and Economic Behavior, Elsevier, vol. 68(2), pages 532-550, March.
  276. Fazio, Giorgio, 2007. "Extreme interdependence and extreme contagion between emerging markets," Journal of International Money and Finance, Elsevier, vol. 26(8), pages 1261-1291, December.
  277. Marcelo de C. Griebeler, 2019. "“But everybody’s doing it!”: a model of peer effects on student cheating," Theory and Decision, Springer, vol. 86(2), pages 259-281, March.
  278. Luisa Corrado & Marcus H. Miller & Lei Zhang, 2003. "Exchange Monitoring Bands: Theory and Policy," CEIS Research Paper 8, Tor Vergata University, CEIS.
  279. Kenneth Rogoff, 1999. "International Institutions for Reducing Global Financial Instability," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 21-42, Fall.
  280. Lindner Axel, 2009. "Evaluating Communication Strategies for Public Agencies: Transparency, Opacity, and Secrecy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-18, July.
  281. Juan Carlos Conesa & Timothy J. Kehoe, 2017. "Gambling for redemption and self-fulfilling debt crises," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 64(4), pages 707-740, December.
  282. Ye Li & Simon Mayer & Simon Mayer, 2021. "Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking," CESifo Working Paper Series 9260, CESifo.
  283. Pekka Sääskilahti, 2016. "Buying Decision Coordination and Monopoly Pricing of Network Goods," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 25(2), pages 313-333, April.
  284. Pasquale Scaramozzino & Nir Vulkan, 1999. "Noisy Implementation Cycles and the Informational Role of Policy," Working Papers 81, Department of Economics, SOAS University of London, UK.
  285. Daisuke Oyama, 2004. "Booms And Slumps In A Game Of Sequential Investment With The Changing Fundamentals," The Japanese Economic Review, Japanese Economic Association, vol. 55(3), pages 311-320, September.
  286. Schilling, Linda, 2023. "Smooth versus Harsh Regulatory Interventions and Policy Equivalence," CEPR Discussion Papers 17996, C.E.P.R. Discussion Papers.
  287. Tan, Senren & Jin, Zhuo & Wu, Fuke, 2015. "Arbitrage and leverage strategies in bubbles under synchronization risks and noise-trader risks," Economic Modelling, Elsevier, vol. 49(C), pages 331-343.
  288. Olivier Jeanne & Romain Rancière, 2011. "The Optimal Level of International Reserves For Emerging Market Countries: A New Formula and Some Applications," Economic Journal, Royal Economic Society, vol. 121(555), pages 905-930, September.
  289. Szkup, Michal & Trevino, Isabel, 2015. "Information acquisition in global games of regime change," Journal of Economic Theory, Elsevier, vol. 160(C), pages 387-428.
  290. Atsushi Kajii & Takashi Ui, 2005. "Incomplete Information Games With Multiple Priors," The Japanese Economic Review, Japanese Economic Association, vol. 56(3), pages 332-351, September.
  291. Arnaud Mehl, 2013. "Large global volatility shocks, equity markets and globalisation: 1885-2011," Globalization Institute Working Papers 148, Federal Reserve Bank of Dallas.
  292. Araujo, Luis & Guimaraes, Bernardo, 2014. "Coordination in the use of money," Journal of Monetary Economics, Elsevier, vol. 64(C), pages 38-46.
  293. repec:spo:wpmain:info:hdl:2441/5hem762p8r8ujpo0bt0aihhnsl is not listed on IDEAS
  294. Huberto M. Ennis, 2005. "Complementariedades y Política Macroeconómica," IIE, Working Papers 054, IIE, Universidad Nacional de La Plata.
  295. Makris, Miltiadis, 2008. "Complementarities and macroeconomics: Poisson games," Games and Economic Behavior, Elsevier, vol. 62(1), pages 180-189, January.
  296. Olga Shurchkov, 2013. "Coordination and learning in dynamic global games: experimental evidence," Experimental Economics, Springer;Economic Science Association, vol. 16(3), pages 313-334, September.
  297. Muhammet A. Bas, 2012. "Measuring Uncertainty in International Relations: Heteroskedastic Strategic Models," Conflict Management and Peace Science, Peace Science Society (International), vol. 29(5), pages 490-520, November.
  298. Jenny Corbett & Gregor Irwin & David Vines, 1999. "From Asian Miracle to Asian Crisis: Why Vulnerability, Why Collapse?," RBA Annual Conference Volume (Discontinued), in: David Gruen & Luke Gower (ed.),Capital Flows and the International Financial System, Reserve Bank of Australia.
  299. Hubert, Franz & Schäfer, Dorothea, 2002. "Coordination Failure with Multiple-Source Lending: The Cost of Protection against a Powerful Lender," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 158(2), pages 256-275.
  300. Michael Sockin & Wei Xiong, 2020. "A Model of Cryptocurrencies," NBER Working Papers 26816, National Bureau of Economic Research, Inc.
  301. Rafael Di Tella & Robert MacCulloch, 2014. "Culture, Beliefs and Economic Performance," Working Papers 14_06, Motu Economic and Public Policy Research.
  302. Huang, Chong, 2017. "Defending against speculative attacks: The policy maker's reputation," Journal of Economic Theory, Elsevier, vol. 171(C), pages 1-34.
  303. Kuzmics, Christoph, 2014. "Coordination with independent private values: why pedestrians sometimes bump into each other," Center for Mathematical Economics Working Papers 501, Center for Mathematical Economics, Bielefeld University.
  304. Guimaraes, Bernardo, 2006. "Dynamics of currency crises with asset market frictions," Journal of International Economics, Elsevier, vol. 68(1), pages 141-158, January.
  305. Damien Besancenot & Radu Vranceanu, 2015. "Fear Of Novelty: A Model Of Scientific Discovery With Strategic Uncertainty," Economic Inquiry, Western Economic Association International, vol. 53(2), pages 1132-1139, April.
  306. Stephanie Chan & Sweder van Wijnbergen, 2014. "Cocos, Contagion and Systemic Risk," Tinbergen Institute Discussion Papers 14-110/VI/DSF79, Tinbergen Institute, revised 29 Oct 2014.
  307. Faia, Ester & Laffitte, Sebastien & Ottaviano, Gianmarco I.P., 2019. "Foreign expansion, competition and bank risk," Journal of International Economics, Elsevier, vol. 118(C), pages 179-199.
  308. Hebert, Benjamin & Woodford, Michael, 2018. "Information Costs and Sequential Information Sampling," Research Papers 3751, Stanford University, Graduate School of Business.
  309. Jakub Steiner, 2006. "Coordination of Mobile Labor," Edinburgh School of Economics Discussion Paper Series 152, Edinburgh School of Economics, University of Edinburgh.
  310. Martin Brown & Stefan T. Trautmann & Razvan Vlahu, 2017. "Understanding Bank-Run Contagion," Management Science, INFORMS, vol. 63(7), pages 2272-2282, July.
  311. Morris, Stephen, 2014. "Coordination, timing and common knowledge," Research in Economics, Elsevier, vol. 68(4), pages 306-314.
  312. Gabriel Desgranges & Maik Heinemann, 2008. "Strongly Rational Expectations Equilibria,Endogenous Acquisition of Information and the Grossman–Stiglitz Paradox," THEMA Working Papers 2008-25, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  313. Lawrence Schmidt & Allan Timmermann & Russ Wermers, 2016. "Runs on Money Market Mutual Funds," American Economic Review, American Economic Association, vol. 106(9), pages 2625-2657, September.
  314. Amil Dasgupta, 2000. "Social Learning with Payoff Complementarities," Econometric Society World Congress 2000 Contributed Papers 0322, Econometric Society.
  315. John Van Huyck & Ajalavat Viriyavipart & Alexander L. Brown, 2018. "When less information is good enough: experiments with global stag hunt games," Experimental Economics, Springer;Economic Science Association, vol. 21(3), pages 527-548, September.
  316. Calvo, Guillermo, 2012. "Financial crises and liquidity shocks a bank-run perspective," European Economic Review, Elsevier, vol. 56(3), pages 317-326.
  317. Tullio Gregori, 2009. "Currency crisis duration and interest defence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 14(3), pages 256-267.
  318. Erler, Alexander & Bauer, Christian & Herz, Bernhard, 2015. "To intervene, or not to intervene: Monetary policy and the costs of currency crises," Journal of International Money and Finance, Elsevier, vol. 51(C), pages 432-456.
  319. Fecht, Falko & Wedow, Michael, 2014. "The dark and the bright side of liquidity risks: Evidence from open-end real estate funds in Germany," Journal of Financial Intermediation, Elsevier, vol. 23(3), pages 376-399.
  320. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2006. "Signaling in a Global Game: Coordination and Policy Traps," Journal of Political Economy, University of Chicago Press, vol. 114(3), pages 452-484, June.
  321. Jara-Moroni, Pedro, 2012. "Rationalizability in games with a continuum of players," Games and Economic Behavior, Elsevier, vol. 75(2), pages 668-684.
  322. Prasanna Gai & Sujit Kapadia & Stephen Millard & Ander Perez, 2008. "Financial Innovation, Macroeconomic Stability and Systemic Crises," Economic Journal, Royal Economic Society, vol. 118(527), pages 401-426, March.
  323. Szkup, Michal, 2020. "Multiplier effect and comparative statics in global games of regime change," Theoretical Economics, Econometric Society, vol. 15(2), May.
  324. Antje Brunner & Jan Pieter Krahnen, 2008. "Multiple Lenders and Corporate Distress: Evidence on Debt Restructuring," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 75(2), pages 415-442.
  325. Roy, Sunanda & Singh, Rajesh & Weninger, Quinn, 2024. "Entry under placement uncertainty," Games and Economic Behavior, Elsevier, vol. 145(C), pages 157-196.
  326. Randolph Luca Bruno, 2006. "Unique Equilibrium in a Model of Rule of Law," LEM Papers Series 2006/16, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  327. Dreisbach, Dina & Kindermann, Fabian, 2008. "A note on Chui, Gai and Haldane's "Sovereign liquidity crisis: Analytics and implications for public policy"," Journal of Banking & Finance, Elsevier, vol. 32(4), pages 624-629, April.
  328. Laurent Mathevet, 2010. "A contraction principle for finite global games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(3), pages 539-563, March.
  329. Schroth, Enrique & Suarez, Gustavo A. & Taylor, Lucian A., 2014. "Dynamic debt runs and financial fragility: Evidence from the 2007 ABCP crisis," Journal of Financial Economics, Elsevier, vol. 112(2), pages 164-189.
  330. Dzsamila Vonnak, 2018. "Multidimensional global games and some applications," CERS-IE WORKING PAPERS 1803, Institute of Economics, Centre for Economic and Regional Studies.
  331. Kuhle, Wolfgang, 2021. "Equilibrium with computationally constrained agents," Mathematical Social Sciences, Elsevier, vol. 109(C), pages 77-92.
  332. Huang, Pidong, 2013. "Suspension in a Global-Games version of the Diamond-Dybvig model," MPRA Paper 46622, University Library of Munich, Germany.
  333. Abreu, Dilip & Brunnermeier, Markus K., 2002. "Synchronization risk and delayed arbitrage," Journal of Financial Economics, Elsevier, vol. 66(2-3), pages 341-360.
  334. Guimaraes, Bernardo, 2007. "Currency Crisis Triggers: Sunspots or Thresholds?," CEPR Discussion Papers 6487, C.E.P.R. Discussion Papers.
  335. Guillaume Plantin & Haresh Sapra & Hyun Song Shin, 2008. "Marking‐to‐Market: Panacea or Pandora's Box?," Journal of Accounting Research, Wiley Blackwell, vol. 46(2), pages 435-460, May.
  336. Mason, Robin & Valentinyi, Ã kos, 2007. "The existence and uniqueness of monotone pure strategy equilibrium in Bayesian games," Discussion Paper Series In Economics And Econometrics 0710, Economics Division, School of Social Sciences, University of Southampton.
  337. Todd Keister, 2009. "Expectations And Contagion In Self-Fulfilling Currency Attacks," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 50(3), pages 991-1012, August.
  338. Hur, Sewon & Kondo, Illenin O., 2016. "A theory of rollover risk, sudden stops, and foreign reserves," Journal of International Economics, Elsevier, vol. 103(C), pages 44-63.
  339. Daniel Schmidt & Frank Schmielewski, 2012. "Consumer reaction on tumbling funds - Evidence from retail fund outflows during the financial crisis 2007/2008," Working Paper Series in Economics 228, University of Lüneburg, Institute of Economics.
  340. Carlos J. Perez & Manuel Santos, 2017. "On the Dynamics of Speculation in a Model of Bubbles and Manias," Working Papers 2017-02, University of Miami, Department of Economics.
  341. Stephen Morris & Hyun Song Shin, 2000. "Global Games: Theory and Applications," Cowles Foundation Discussion Papers 1275R, Cowles Foundation for Research in Economics, Yale University, revised Aug 2001.
  342. Ayala, Alfonso, 2011. "Una introducción a los modelos de crisis financieras [A introduction to models financial crisis]," MPRA Paper 42411, University Library of Munich, Germany.
  343. Mei Li & Frank Milne, 2007. "The Role Of Large Players In A Dynamic Currency Attack Game," Working Paper 1148, Economics Department, Queen's University.
  344. Hiroki Arato & Tomoya Nakamura, 2013. "Endogenous Alleviation of Overreaction Problem by Aggregate Information Announcement," The Japanese Economic Review, Japanese Economic Association, vol. 64(3), pages 319-336, September.
  345. Damien Besancenot & Radu Vranceanu, 2018. "Crowdfunding with overenthusiastic investors : a global game model," Working Papers hal-01718793, HAL.
  346. Antonio Ciccone & James Costain, 2004. "On payoff heterogeneity in games with strategic complementarities," Oxford Economic Papers, Oxford University Press, vol. 56(4), pages 701-713, October.
  347. Mariann Ollár & Antonio Penta, 2019. "Implementation via transfers with identical but unknown distributions," Economics Working Papers 1676, Department of Economics and Business, Universitat Pompeu Fabra.
  348. Zheng, Huanhuan, 2020. "Coordinated bubbles and crashes," Journal of Economic Dynamics and Control, Elsevier, vol. 120(C).
  349. Matsushima, Hitoshi, 2022. "Epistemological implementation of social choice functions," Games and Economic Behavior, Elsevier, vol. 136(C), pages 389-402.
  350. Stephen Morris & Muhamet Yildiz, 2019. "Crises: Equilibrium Shifts and Large Shocks," American Economic Review, American Economic Association, vol. 109(8), pages 2823-2854, August.
  351. Anctil, Regina M. & Dickhaut, John & Johnson, Cathleen & Kanodia, Chandra, 2010. "Does information transparency decrease coordination failure?," Games and Economic Behavior, Elsevier, vol. 70(2), pages 228-241, November.
  352. Leila Ali, 2012. "Flexibility: Stability's Best Friend in Non-transparent Countries?," International Economic Journal, Taylor & Francis Journals, vol. 26(2), pages 247-264, December.
  353. Flynn, Joel P. & Sastry, Karthik A., 2023. "Strategic mistakes," Journal of Economic Theory, Elsevier, vol. 212(C).
  354. Dunhong Jin & Marcin Kacperczyk & Bige Kahraman & Felix Suntheim, 2022. "Swing Pricing and Fragility in Open-End Mutual Funds," The Review of Financial Studies, Society for Financial Studies, vol. 35(1), pages 1-50.
  355. Daron Acemoglu & Matthew O. Jackson, 2015. "History, Expectations, and Leadership in the Evolution of Social Norms," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(2), pages 423-456.
  356. Dominik Grafenhofer & Wolfgang Kuhle, 2019. "Observing Actions in Bayesian Games," Papers 1904.10744, arXiv.org.
  357. Beteto, Danilo Lopomo, 2012. "Government Induced Bubbles," Risk and Sustainable Management Group Working Papers 156476, University of Queensland, School of Economics.
  358. Valentinyi, Ákos, 2005. "Jegybanki bejelentések és makroökonómiai stabilitás [Central-bank announcements and macroeconomic stability]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 811-824.
  359. Stephen Morris & Hyun Song Shin, 2016. "Risk Premium Shifts and Monetary Policy: A Coordination Approach," Central Banking, Analysis, and Economic Policies Book Series, in: Elías Albagli & Diego Saravia & Michael Woodford (ed.),Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World, edition 1, volume 24, chapter 5, pages 131-150, Central Bank of Chile.
  360. Guillermo Calvo, 2013. "Puzzling over the Anatomy of Crises: Liquidity and the Veil of Finance," IMES Discussion Paper Series 13-E-09, Institute for Monetary and Economic Studies, Bank of Japan.
  361. Dominik Grafenhofer & Wolfgang Kuhle, 2021. "Observing Actions in Global Games," Papers 2111.10554, arXiv.org.
  362. König-Kersting, Christian & Trautmann, Stefan T. & Vlahu, Razvan, 2022. "Bank instability: Interbank linkages and the role of disclosure," Journal of Banking & Finance, Elsevier, vol. 134(C).
  363. Christopher Blattman & Edward Miguel, 2010. "Civil War," Journal of Economic Literature, American Economic Association, vol. 48(1), pages 3-57, March.
  364. Jankovics, László, 2001. "Bara Zoltán-Csaba László (szerk.): Small Economies'. Adjustment to Global Tendencies Aula kiadó, Budapest, 2000, 430 oldal [Bara Zoltán-Csaba László (ed.): Small Economies'. Adjustment to Global Te," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 891-894.
  365. Yi, Ming, 2017. "Speculator-triggered crisis and interventions," Journal of Macroeconomics, Elsevier, vol. 52(C), pages 135-146.
  366. Narita, Daiju, 2011. "Climate policy as expectation management?," Kiel Working Papers 1681, Kiel Institute for the World Economy (IfW Kiel).
  367. Valentinyi, Akos & Mason, Robin, 2004. "Independence and Heterogeneity in Games of Incomplete Information," CEPR Discussion Papers 4177, C.E.P.R. Discussion Papers.
  368. Hoerova, Marie, 2007. "Run-prone banking and asset markets," Working Paper Series 845, European Central Bank.
  369. Franklin Allen & Richard Herring, 2001. "Banking Regulation versus Securities Market Regulation," Center for Financial Institutions Working Papers 01-29, Wharton School Center for Financial Institutions, University of Pennsylvania.
  370. Sanchez Villalba, Miguel & Martinez Gorricho, Silvia, 2017. "Entry in Beauty-Contest Games," MPRA Paper 80515, University Library of Munich, Germany.
  371. Schotter, Andrew & Yorulmazer, Tanju, 2009. "On the dynamics and severity of bank runs: An experimental study," Journal of Financial Intermediation, Elsevier, vol. 18(2), pages 217-241, April.
  372. Stephen Morris & Ming Yang, 2016. "Coordination and the Relative Cost of Distinguishing Nearby States," Working Papers 079_2016, Princeton University, Department of Economics, Econometric Research Program..
  373. van Damme, Eric, 2023. "The beauty and the beast : Het spel en de knikkers," Other publications TiSEM dfd3c8df-e740-48f0-962b-e, Tilburg University, School of Economics and Management.
  374. Pascal Kieren & Christian König-Kersting & Robert Schmidt & Stefan Trautmann & Franziska Heinicke, 2023. "First-Order and Higher-Order Inflation Expectations: Evidence about Households and Firms," Working Papers 2023-10, Faculty of Economics and Statistics, Universität Innsbruck.
  375. Roger Guesnerie & Pedro Jara-Moroni, 2011. "Expectational coordination in simple economic contexts," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 47(2), pages 205-246, June.
  376. Heinemann, Frank & Illing, Gerhard, 2002. "Speculative attacks: unique equilibrium and transparency," Journal of International Economics, Elsevier, vol. 58(2), pages 429-450, December.
  377. Chiara Fumagalli & Massimo Motta, 2008. "Buyers' Miscoordination, Entry and Downstream Competition," Economic Journal, Royal Economic Society, vol. 118(531), pages 1196-1222, August.
  378. Makoto Nirei & Theodoros Stamatiou & Vladyslav Sushko, 2012. "Stochastic Herding in Financial Markets Evidence from Institutional Investor Equity Portfolios," BIS Working Papers 371, Bank for International Settlements.
  379. Gaetano Gaballo, 2018. "Price Dispersion, Private Uncertainty, and Endogenous Nominal Rigidities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(2), pages 1070-1110.
  380. Botman, Dennis P. J. & Jager, Henk, 2002. "Coordination of speculation," Journal of International Economics, Elsevier, vol. 58(1), pages 159-175, October.
  381. Azrieli, Yaron & Peck, James, 2012. "A bank runs model with a continuum of types," Journal of Economic Theory, Elsevier, vol. 147(5), pages 2040-2055.
  382. Rajkamal Iyer & Manju Puri & Nicholas Ryan, 2013. "Do Depositors Monitor Banks?," NBER Working Papers 19050, National Bureau of Economic Research, Inc.
  383. Jess Benhabib & Pengfei Wang & Yi Wen, 2015. "Sentiments and Aggregate Demand Fluctuations," Econometrica, Econometric Society, vol. 83, pages 549-585, March.
  384. Basu, Pathikrit & Chatterjee, Kalyan & Hoshino, Tetsuya & Tamuz, Omer, 2020. "Repeated coordination with private learning," Journal of Economic Theory, Elsevier, vol. 190(C).
  385. Gertler, M. & Kiyotaki, N. & Prestipino, A., 2016. "Wholesale Banking and Bank Runs in Macroeconomic Modeling of Financial Crises," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1345-1425, Elsevier.
  386. Masashige Hamano & Munechika Katayama & So Kubota, 2020. "COVID-19 Misperception and Macroeconomy," Working Papers 2016, Waseda University, Faculty of Political Science and Economics.
  387. Olivier Darmouni & Andrew Sutherland, 2021. "Learning about Competitors: Evidence from SME Lending [Monthly payment targeting and the demand for maturity]," The Review of Financial Studies, Society for Financial Studies, vol. 34(5), pages 2275-2317.
  388. Heggedal, Tom-Reiel & Helland, Leif & Neset Joslin, Knut-Eric, 2018. "Should I Stay or should I Go? Bandwagons in the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 86-97.
  389. Sbracia, Massimo & Zaghini, Andrea, 2001. "Expectations and information in second generation currency crises models," Economic Modelling, Elsevier, vol. 18(2), pages 203-222, April.
  390. Jeanne, Olivier & Masson, Paul, 2000. "Currency crises, sunspots and Markov-switching regimes," Journal of International Economics, Elsevier, vol. 50(2), pages 327-350, April.
  391. George-Marios Angeletos & Karthik Sastry, 2019. "Managing Expectations without Rational Expectations," 2019 Meeting Papers 1537, Society for Economic Dynamics.
  392. Steiner, Jakub, 2008. "Coordination cycles," Games and Economic Behavior, Elsevier, vol. 63(1), pages 308-327, May.
  393. Guimaraes, Bernardo & Pereira, Ana Elisa, 2017. "Dynamic coordination among heterogeneous agents," Journal of Mathematical Economics, Elsevier, vol. 73(C), pages 13-33.
  394. Licchetta, Mirko, 2009. "Common determinants of currency crises: role of external balance sheet variables," Bank of England working papers 366, Bank of England.
  395. Camille Cornand & Frank Heinemann, 2008. "Optimal Degree of Public Information Dissemination," Economic Journal, Royal Economic Society, vol. 118(528), pages 718-742, April.
  396. Naiditch Claire & Vranceanu Radu, 2017. "The Legal Grounds of Irregular Migration: A Global Game Approach," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(2), pages 1-10, April.
  397. Mr. Romain Ranciere & Mr. Olivier D Jeanne, 2006. "The Optimal Level of International Reserves for Emerging Market Countries: Formulas and Applications," IMF Working Papers 2006/229, International Monetary Fund.
  398. Max Bruche, 2009. "Bankruptcy Codes, Liquidation Timing, and Debt Valuation," Working Papers wp2009_0902, CEMFI.
  399. Jung, Hanjoon Michael, 2018. "Receiver’s dilemma," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 116-124.
  400. Manz, Michael, 2010. "Information-based contagion and the implications for financial fragility," European Economic Review, Elsevier, vol. 54(7), pages 900-910, October.
  401. Pavan, Alessandro & Vives, Xavier, 2015. "Information, Coordination, and Market Frictions: An Introduction," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 407-426.
  402. Bordo, M.D. & Meissner, C.M., 2016. "Fiscal and Financial Crises," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 355-412, Elsevier.
  403. Josef Falkinger, 2014. "In search of economic reality under the veil of financial markets," ECON - Working Papers 154, Department of Economics - University of Zurich.
  404. Gaetano Gaballo & Ryan Chahrour, 2015. "On the Nature and Stability of Sentiments," 2015 Meeting Papers 469, Society for Economic Dynamics.
  405. Bernardo Guimaraes & Caio Machado & Marcel Ribeiro, 2016. "A Model of the Confidence Channel of Fiscal Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(7), pages 1363-1395, October.
  406. Liu, Nianqing & Vuong, Quang & Xu, Haiqing, 2017. "Rationalization and identification of binary games with correlated types," Journal of Econometrics, Elsevier, vol. 201(2), pages 249-268.
  407. Takalo, Tuomas & Castrén, Olli, 2000. "Capital market development, corporate governance and the credibility of exchange rate pegs," Working Paper Series 34, European Central Bank.
  408. Jean-Marc Tallon, 2006. "Incertitude stratégique et sélection d'équilibre : deux applications," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 6-6.
  409. Winkler, Bernhard, 2000. "Which kind of transparency? On the need for clarity in monetary policy-making," Working Paper Series 26, European Central Bank.
  410. Park, Sungmin & Kim, Young-Han, 2018. "International policy coordination for financial regime stability under cross-border externalities," Journal of Banking & Finance, Elsevier, vol. 97(C), pages 177-188.
  411. Geethanjali Selvaretnam, 2007. "Regulation of Reserves and Interest Rates in a Model of Bank Runs," CDMA Working Paper Series 200714, Centre for Dynamic Macroeconomic Analysis.
  412. Roland Beck & Sebastian Weber, 2011. "Should Larger Reserve Holdings Be More Diversified?," International Finance, Wiley Blackwell, vol. 14(3), pages 415-444, December.
  413. Arias, Guillaume & Erlandsson, Ulf, 2004. "Regime switching as an alternative early warning system of currency crises - an application to South-East Asia," Working Papers 2004:11, Lund University, Department of Economics.
  414. Junnosuke Shino, 2011. "A Global Game Analysis of Emergent Liquidity Provision and the Role of Creditors' Aggregate Behavior as Signaling," Bank of Japan Working Paper Series 11-E-7, Bank of Japan.
  415. Brindisi, Francesco & Çelen, Boğaçhan & Hyndman, Kyle, 2014. "The effect of endogenous timing on coordination under asymmetric information: An experimental study," Games and Economic Behavior, Elsevier, vol. 86(C), pages 264-281.
  416. Syed Ali, Salman, 2007. "Financial Distress And Bank Failure: Lessons From Closure Of Ihlas Finans In Turkey," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 14, pages 2-52.
  417. Heng Chen & Wing Suen, 2016. "Falling Dominoes: A Theory of Rare Events and Crisis Contagion," American Economic Journal: Microeconomics, American Economic Association, vol. 8(1), pages 228-255, February.
  418. Sergei Izmalkov & Muhamet Yildiz, 2010. "Investor Sentiments," American Economic Journal: Microeconomics, American Economic Association, vol. 2(1), pages 21-38, February.
  419. Ali Khan, M. & Zhang, Zhixiang, 2023. "The random two-sector RSS model: On discounted optimal growth without Ramsey-Euler conditions," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
  420. Ghosal, Sayantan & Thampanishvong, Kannika, 2013. "Does strengthening Collective Action Clauses (CACs) help?," Journal of International Economics, Elsevier, vol. 89(1), pages 68-78.
  421. Nakata, Takeshi, 2010. "Interdependent bank runs under a collapsing fixed exchange rate regime," Journal of the Japanese and International Economies, Elsevier, vol. 24(4), pages 603-623, December.
  422. Frank Heinemann, 2000. "Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks: Comment," American Economic Review, American Economic Association, vol. 90(1), pages 316-318, March.
  423. Li, Mei & Qiu, Junfeng, 2013. "Speculative capital inflows, adaptive expectations, and the optimal renminbi appreciation policy," China Economic Review, Elsevier, vol. 25(C), pages 117-138.
  424. Falk, Armin & Dohmen, Thomas J & Sunde, Uwe & Huffman, David, 2006. "Seemingly Irrelevant Events Affect Perceptions and Expectations - The FIFA World Cup 2006 as a Natural Experiment," CEPR Discussion Papers 5851, C.E.P.R. Discussion Papers.
  425. Elena Mattana & Ettore Panetti, 2021. "The Welfare Costs of Self‐Fulfilling Bank Runs," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(2-3), pages 401-440, March.
  426. Dasgupta, Amil, 2002. "Coordination, learning, and delay," LSE Research Online Documents on Economics 24955, London School of Economics and Political Science, LSE Library.
  427. Randolph Luca Bruno, 2008. "Rule of law, institutional quality and information," UCL SSEES Economics and Business working paper series 98, UCL School of Slavonic and East European Studies (SSEES).
  428. Tito Cordella & Eduardo Levy Yeyati, 2005. "Country Insurance," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 1-6.
  429. Christian Hellwig & Laura Veldkamp, 2009. "Knowing What Others Know: Coordination Motives in Information Acquisition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(1), pages 223-251.
  430. Christophe Chamley, 2003. "Dynamic Speculative Attacks," American Economic Review, American Economic Association, vol. 93(3), pages 603-621, June.
  431. Martin Geiger & Richard Hule, 2019. "Correlation and coordination risk," Annals of Finance, Springer, vol. 15(2), pages 155-177, June.
  432. Michal Szkup, 2015. "Preventing Self-Fulfilling Crises," 2015 Meeting Papers 1144, Society for Economic Dynamics.
  433. Dohmen, Thomas & Falk, Armin & Huffman, David B. & Sunde, Uwe, 2006. "Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment," IZA Discussion Papers 2275, Institute of Labor Economics (IZA).
  434. repec:hal:cepnwp:halshs-00602107 is not listed on IDEAS
  435. Michael Manz, 2002. "Coordination Failure and Financial Contagion," Diskussionsschriften dp0203, Universitaet Bern, Departement Volkswirtschaft.
  436. Lee, Kyounghun & Oh, Frederick Dongchuhl, 2021. "The role of large players in global games with strategic complements and substitutes," Economics Letters, Elsevier, vol. 198(C).
  437. Stephen Morris & Hyun Song Shin, 2016. "Illiquidity Component of Credit Risk," Working Papers 081_2016, Princeton University, Department of Economics, Econometric Research Program..
  438. Szkup, Michal & Trevino, Isabel, 2020. "Sentiments, strategic uncertainty, and information structures in coordination games," Games and Economic Behavior, Elsevier, vol. 124(C), pages 534-553.
  439. Stephanie L. Chan, 2021. "The Social Value of Public Information When Not Everyone is Privately Informed," Working Papers 2021-09-18, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
  440. Bernardo Guimaraes & Stephen Morris, 2003. "Risk and Wealth in a Model of Self-fulfilling Currency Crises," Cowles Foundation Discussion Papers 1433R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2004.
  441. Michiel Bijlsma & Jeroen Klomp & Sijmen Duineveld, 2010. "Systemic risk in the financial sector; a review and synthesis," CPB Document 210.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
  442. Claudio Borio, 2003. "Towards a Macroprudential Framework for Financial Supervision and Regulation?," CESifo Economic Studies, CESifo Group, vol. 49(2), pages 181-215.
  443. Bosma, Jakob J., 2016. "Dueling policies: Why systemic risk taxation can fail," European Economic Review, Elsevier, vol. 87(C), pages 132-147.
  444. Shadmehr, Mehdi & Bernhardt, Dan, 2011. "Collective Action with Uncertain Payoffs: Coordination, Public Signals, and Punishment Dilemmas," American Political Science Review, Cambridge University Press, vol. 105(4), pages 829-851, November.
  445. Dong Chuhl Oh, 2009. "Contagion of Liquidity Crisis between Firms," Levine's Working Paper Archive 814577000000000197, David K. Levine.
  446. Francesco Carbonero & Jeremy Davies & Ekkehard Ernst & Sayantan Ghosal & Leaza McSorley, 2021. "Anxiety, Expectations Stabilization and Intertemporal Markets: Theory, Evidence and Policy," Working Papers 2021_12, Business School - Economics, University of Glasgow.
  447. Stephen Morris & Hyun Song Shin, 2003. "Heterogeneity and Uniqueness in Interaction Games," Cowles Foundation Discussion Papers 1402, Cowles Foundation for Research in Economics, Yale University.
  448. Eric Smith & Martin Shubik, 2014. "Runs, panics and bubbles: Diamond–Dybvig and Morris–Shin reconsidered," Annals of Finance, Springer, vol. 10(4), pages 603-622, November.
  449. Alex Cukierman & Itay Goldstein & Yossi Spiegel, 2004. "The Choice of Exchange-Rate Regime and Speculative Attacks," Journal of the European Economic Association, MIT Press, vol. 2(6), pages 1206-1241, December.
  450. Cees G. H. Diks & Mr. Dennis P Botman, 2005. "The Role of Domestic and Foreign Investors in a Simple Model of Speculative Attacks," IMF Working Papers 2005/205, International Monetary Fund.
  451. Jimmy Shek & Ilhyock Shim & Hyun Song Shin, 2018. "Investor Redemptions and Fund Manager Sales of Emerging Market Bonds: How Are They Related? [Borrow cheap, buy high? The determinants of leverage and pricing in buyouts]," Review of Finance, European Finance Association, vol. 22(1), pages 207-241.
  452. Bag, Parimal Kanti & Saha, Bibhas, 2011. "Match-fixing under competitive odds," Games and Economic Behavior, Elsevier, vol. 73(2), pages 318-344.
  453. Denis Chetverikov, 2012. "Testing regression monotonicity in econometric models," CeMMAP working papers 35/12, Institute for Fiscal Studies.
  454. Yehoue, Etienne B., 2009. "Clusters as a driving engine for FDI," Economic Modelling, Elsevier, vol. 26(5), pages 934-945, September.
  455. Brian BARNARD, 2019. "Sovereign Credit Rating, Rating Migration, and the Risk-Free Rate: A Joint Markov Process and Random Walk Modelling of the Risk-Free Rate," Expert Journal of Economics, Sprint Investify, vol. 7(1), pages 32-44.
  456. Rong, Kang, 2013. "Impact of second-order uncertainty on the efficiency of the 0.5-double auction," Mathematical Social Sciences, Elsevier, vol. 65(1), pages 67-71.
  457. Andrew G Haldane & Glenn Hoggarth & Victoria Saporta, 2001. "Assessing financial system stability, efficiency and structure at the Bank of England," BIS Papers chapters, in: Bank for International Settlements (ed.), Marrying the macro- and micro-prudential dimensions of financial stability, volume 1, pages 138-159, Bank for International Settlements.
  458. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 2002. "The Role of Large Players in Currency Crises," NBER Chapters, in: Preventing Currency Crises in Emerging Markets, pages 197-268, National Bureau of Economic Research, Inc.
  459. Bhalla, Manaswini & Chatterjee, Kalyan & Dutta, Souvik, 2021. "Social reform as a path to political leadership: A dynamic model," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 982-1010.
  460. Gabriel Desgranges & Céline Rochon, 2013. "Conformism and public news," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(3), pages 1061-1090, April.
  461. Bogna Gawronska-Nowak & Wojciech Grabowski, 2016. "Using Genetic Algorithm In Dynamic Model Of Speculative Attack," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(2), pages 287-306, June.
  462. Selvaretnam, Geethanjali, 2006. "How Noisy should a Noisy Signal be: A Model of Bank Runs," Economics Discussion Papers 8898, University of Essex, Department of Economics.
  463. Paolo Pesenti & Cédric Tille, 2000. "The economics of currency crises and contagion: an introduction," Economic Policy Review, Federal Reserve Bank of New York, issue Sep, pages 3-16.
  464. Zhiguo He & Arvind Krishnamurthy & Konstantin Milbradt, 2019. "A Model of Safe Asset Determination," American Economic Review, American Economic Association, vol. 109(4), pages 1230-1262, April.
  465. Carlo de Bassa & Edoardo Grillo & Francesco Passarelli, 2021. "Sanctions and incentives to repudiate external debt," Journal of Theoretical Politics, , vol. 33(2), pages 198-224, April.
  466. Chakravarty, Surajeet & Choo, Lawrence & Fonseca, Miguel A. & Kaplan, Todd R., 2021. "Should regulators always be transparent? a bank run experiment," European Economic Review, Elsevier, vol. 136(C).
  467. Anna Zabai, 2014. "Managing Default Risk," BIS Working Papers 467, Bank for International Settlements.
  468. Goldstein, Itay & Pauzner, Ady, 2004. "Contagion of self-fulfilling financial crises due to diversification of investment portfolios," Journal of Economic Theory, Elsevier, vol. 119(1), pages 151-183, November.
  469. George-Marios Angeletos & Karthik A. Sastry, 2018. "Managing Expectations: Instruments vs. Targets," NBER Working Papers 25404, National Bureau of Economic Research, Inc.
  470. Dominik Grafenhofer & Wolfgang Kuhle, 2022. "Observing actions in global games," SN Business & Economics, Springer, vol. 2(12), pages 1-15, December.
  471. Christian Hellwig, 2002. "Signaling in a Global Game: Coordination and Policy Traps (J.P.E., June 2006)," UCLA Economics Online Papers 209, UCLA Department of Economics.
  472. David P. Myatt & Chris Wallace, 2008. "On the Sources and Value of Information: Public Announcements and Macroeconomic Performance," Economics Series Working Papers 411, University of Oxford, Department of Economics.
  473. Puspa D. Amri & Thomas D. Willett, 2017. "Policy Inconsistencies and the Political Economy of Currency Crises," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 8(01), pages 1-24, February.
  474. Iván Werning & George-Marios Angeletos, 2006. "Crises and Prices: Information Aggregation, Multiplicity, and Volatility," American Economic Review, American Economic Association, vol. 96(5), pages 1720-1736, December.
  475. Michal Szkup, 2022. "Preventing Self-Fulfilling Debt Crises: A Global Games Approach," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 22-55, January.
  476. Gu, Xinhua & Tam, Pui Sun & Lei, Chun Kwok, 2021. "The effects of inequality in the 1997–98 Asian crisis and the 2008–09 global tsunami: The case of five Asian economies," Journal of International Money and Finance, Elsevier, vol. 110(C).
  477. Mundaca,B.G. & Strand,J., 1999. "Speculative attacks in the exchange market with a band policy : a sequential game analysis," Memorandum 01/1999, Oslo University, Department of Economics.
  478. Liu, Shuo & Pei, Harry, 2020. "Monotone equilibria in signaling games," European Economic Review, Elsevier, vol. 124(C).
  479. Ariah Klages-Mundt & Dominik Harz & Lewis Gudgeon & Jun-You Liu & Andreea Minca, 2020. "Stablecoins 2.0: Economic Foundations and Risk-based Models," Papers 2006.12388, arXiv.org, revised Oct 2020.
  480. Heinisch, Katja & Lindner, Axel, 2021. "Economic sentiment: Disentangling private information from public knowledge," IWH Discussion Papers 15/2021, Halle Institute for Economic Research (IWH).
  481. Lopomo Beteto Wegner, Danilo, 2024. "Central bank intervention and financial bubbles," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 1-19.
  482. Gu, Chao, 2007. "Asymmetric Information and Bank Runs," Working Papers 07-14, Cornell University, Center for Analytic Economics.
  483. Rui Esteves, 2011. "The Political Economy of Global Financial Liberalisation in Historical Perspective," Oxford Economic and Social History Working Papers _089, University of Oxford, Department of Economics.
  484. Toni Ahnert & Benjamin Nelson, 2016. "Opaque Assets and Rollover Risk," Staff Working Papers 16-17, Bank of Canada.
  485. Committee, Nobel Prize, 2022. "Financial Intermediation and the Economy," Nobel Prize in Economics documents 2022-2, Nobel Prize Committee.
  486. ICHOU Mohammed Adil & RASSAM Driss & ABBADI Idriss & ELHIRI Abderrazak, 2021. "Pressure Measurement on the Foreign Exchange Market and Currency Crises in Morocco," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 11(2), pages 1-4.
  487. Martin Geiger & Richard Hule, 2016. "Correlation and coordination risk," Working Papers 2016-19, Faculty of Economics and Statistics, Universität Innsbruck.
  488. Axelle Arquié, 2023. "Fire Sales and Bank Runs in the Presence of a Saving Allocation by Depositors," Working Papers 2023-09, CEPII research center.
  489. Inchauspe, Julian, 2008. "Modeling currency instability: The 1997 Asian crisis re-examined," MPRA Paper 93050, University Library of Munich, Germany.
  490. Berthold Herrendorf & Akos Valentinyi, 2002. "Neoclassical Growth Model with Externalities," CERS-IE WORKING PAPERS 0203, Institute of Economics, Centre for Economic and Regional Studies.
  491. Zhang, Jinqing & He, Liang & An, Yunbi, 2020. "Measuring banks’ liquidity risk: An option-pricing approach," Journal of Banking & Finance, Elsevier, vol. 111(C).
  492. Gregory Gutin & Philip R Neary & Anders Yeo, 2020. "Exact capacitated domination: on the computational complexity of uniqueness," Papers 2003.07106, arXiv.org, revised Jul 2022.
  493. Baum, Christopher F. & Schäfer, Dorothea & Stephan, Andreas, 2016. "Credit rating agency downgrades and the Eurozone sovereign debt crises," Journal of Financial Stability, Elsevier, vol. 24(C), pages 117-131.
  494. Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2010. "Strategic Thinking," Levine's Working Paper Archive 661465000000001148, David K. Levine.
  495. Allsopp, Louise, 2002. "Common knowledge and the value of defending a fixed exchange rate--an explanation of a currency crisis," Journal of Macroeconomics, Elsevier, vol. 24(1), pages 67-79, March.
  496. Yoav Friedmann & Itay Goldstein, 2004. "Globalization of Capital Movements: Potential Disadvantages and their efect on Israel," Israel Economic Review, Bank of Israel, vol. 2(2), pages 45-78.
  497. Mathieu Taschereau-Dumouchel & Edouard Schaal, 2015. "Coordinating Business Cycles," 2015 Meeting Papers 178, Society for Economic Dynamics.
  498. Christian Hellwig, "undated". "Policy in a Global Coordination Game: Multiplicity vs. Robust Predictions (November 2006, with Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 401, UCLA Department of Economics.
  499. Cai, Zhifeng & Dong, Feng, 2023. "Public disclosure and private information acquisition: A global game approach," Journal of Economic Theory, Elsevier, vol. 210(C).
  500. Bertsch, Christoph, 2023. "Stablecoins: Adoption and Fragility," Working Paper Series 423, Sveriges Riksbank (Central Bank of Sweden).
  501. Kox, Henk L.M. & Leeuwen, George van, 2012. "Dynamic market selection in EU business services," MPRA Paper 41016, University Library of Munich, Germany.
  502. Giese, Julia & Nelson, Benjamin & Tanaka, Misa & Tarashev, Nikola, 2013. "Financial Stability Paper No 21: How could macroprudential policy affect financial system resilience and credit? Lessons from the literature," Bank of England Financial Stability Papers 21, Bank of England.
  503. Gai, Prasanna & Shin, Hyun Song, 2004. "Debt maturity structure with pre-emptive creditors," Economics Letters, Elsevier, vol. 85(2), pages 195-200, November.
  504. Karp, L & Perloff, Jeffrey M, 2005. "When promoters like scalpers," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt2wp8m52z, Department of Agricultural & Resource Economics, UC Berkeley.
  505. Karp, Larry, 2005. "Friction and the Multiplicity of Equilibria," Institute for Research on Labor and Employment, Working Paper Series qt0n1563b5, Institute of Industrial Relations, UC Berkeley.
  506. Gao, M. & Yen, J. & Liu, M., 2021. "Determinants of defaults on P2P lending platforms in China," International Review of Economics & Finance, Elsevier, vol. 72(C), pages 334-348.
  507. Axel Lindner & Alexander Ludwig, 2009. "A simple macro model of Original Sin based on optimal price setting under incomplete information," International Economics and Economic Policy, Springer, vol. 6(4), pages 345-359, December.
  508. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
  509. Wang, Bo, 2022. "Ambiguity aversion and amplification of financial crisis," Journal of Banking & Finance, Elsevier, vol. 142(C).
  510. Diasakos, Theodoros M & Neymotin, Florence, 2013. "Coordination in Public Good Provision: How Individual Volunteering is Impacted by the Volunteering of Others," SIRE Discussion Papers 2013-119, Scottish Institute for Research in Economics (SIRE).
  511. Ruiz-Porras, Antonio, 2006. "Información privilegiada, administración de riesgos y utilidades esperadas: Una aplicación de los juegos de señalización al estudio de crisis cambiarias," MPRA Paper 1441, University Library of Munich, Germany.
  512. Sayantan Ghosal & Marcus Miller, 2003. "Co-ordination Failure, Moral Hazard and Sovereign Bankruptcy Procedures," Economic Journal, Royal Economic Society, vol. 113(487), pages 276-304, April.
  513. Mei Li, 2007. "Coordination Failure In Technological Progress, Economic Growth And Volatility," Working Paper 1147, Economics Department, Queen's University.
  514. Muendler, Marc-Andreas, 2005. "Rational Information Choice in Financial Market Equilibrium," University of California at San Diego, Economics Working Paper Series qt5q4764nj, Department of Economics, UC San Diego.
  515. Mason, Robin & Valentinyi, Akos, 2003. "Independence and heterogeneity in games of incomplete information," Discussion Paper Series In Economics And Econometrics 0307, Economics Division, School of Social Sciences, University of Southampton.
  516. Campos, Rodolfo G., 2013. "Risk-sharing and crises. Global games of regime change with endogenous wealth," Journal of Economic Theory, Elsevier, vol. 148(4), pages 1624-1658.
  517. Gaëtan Le Quang, 2019. "Mind the Conversion Risk: a Theoretical Assessment of Contingent Convertible Bonds," EconomiX Working Papers 2019-5, University of Paris Nanterre, EconomiX.
  518. Paolo Manasse & Luca Zavalloni, 2013. "Sovereign Contagion in Europe: Evidence from the CDS Market," Working Papers 471, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
  519. Heng Chen & Yang K. Lu & Wing Suen, 2016. "The Power Of Whispers: A Theory Of Rumor, Communication, And Revolution," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(1), pages 89-116, February.
  520. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2007. "Dynamic Global Games of Regime Change: Learning, Multiplicity, and the Timing of Attacks," Econometrica, Econometric Society, vol. 75(3), pages 711-756, May.
  521. Lindner, Axel & Heinisch, Katja, 2019. "Economic Sentiment in Europe: Disentangling Private Information from Public Knowledge," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203501, Verein für Socialpolitik / German Economic Association.
  522. Mathevet, Laurent, 2014. "Beliefs and rationalizability in games with complementarities," Games and Economic Behavior, Elsevier, vol. 85(C), pages 252-271.
  523. Chih-huan Chen & Ching-chong Lai, 2010. "An Interpretation of the Collapsing Process of the Bretton Woods System," Open Economies Review, Springer, vol. 21(3), pages 449-463, July.
  524. Bannier, Christina E., 2005. "Big elephants in small ponds: Do large traders make financial markets more aggressive?," Journal of Monetary Economics, Elsevier, vol. 52(8), pages 1517-1531, November.
  525. Olli Castren & Tuomas Takalo, 2000. "Capital Market Development, Corporate Governance and the Credibility of Exchange Rate Pegs," Econometric Society World Congress 2000 Contributed Papers 0515, Econometric Society.
  526. Feld, Lars P., 2018. "The quest for fiscal rules," Freiburg Discussion Papers on Constitutional Economics 18/09, Walter Eucken Institut e.V..
  527. Heggedal, Tom-Reiel & Helland, Leif, 2014. "Platform selection in the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 99(C), pages 168-177.
  528. Zwart, Sanne, 2007. "The mixed blessing of IMF intervention: Signalling versus liquidity support," Journal of Financial Stability, Elsevier, vol. 3(2), pages 149-174, July.
  529. George-Marios Angeletos & Chen Lian, 2021. "Determinacy without the Taylor Principle," NBER Working Papers 28881, National Bureau of Economic Research, Inc.
  530. Raphael Galvão & Felipe Shalders, 2023. "Rules versus discretion in Central Bank communication," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(2), pages 177-203, June.
  531. Louise Allsopp, 2003. "Speculative behaviour, debt default and contagion: A stylised framework of the Latin American Crisis 2001-2002," Reserve Bank of New Zealand Discussion Paper Series DP2003/10, Reserve Bank of New Zealand.
  532. John Duffy, 2008. "Macroeconomics: A Survey of Laboratory Research," Working Paper 334, Department of Economics, University of Pittsburgh, revised Jun 2014.
  533. Xavier Freixas & Bruno Maria Parigi, 2008. "Lender of Last Resort and Bank Closure Policy," CESifo Working Paper Series 2286, CESifo.
  534. Della Posta, Pompeo, 2021. "Government size and speculative attacks on public debt," International Review of Economics & Finance, Elsevier, vol. 72(C), pages 79-89.
  535. Carré, Sylvain, 2022. "Disclosures, rollover risk, and debt runs," Journal of Banking & Finance, Elsevier, vol. 142(C).
  536. Bannier, Christina E., 2007. "Smoothing versus timeliness - wann sind stabile Ratings optimal und welche Anforderungen sind an optimale Berichtsregeln zu stellen?," Frankfurt School - Working Paper Series 84, Frankfurt School of Finance and Management.
  537. Raphael Auer & Cyril Monnet & Hyun Song Shin, 2021. "Permissioned Distributed Ledgers and the Governance of Money," Diskussionsschriften dp2101, Universitaet Bern, Departement Volkswirtschaft.
  538. Itay Goldstein & Chong Huang, 2016. "Bayesian Persuasion in Coordination Games," American Economic Review, American Economic Association, vol. 106(5), pages 592-596, May.
  539. Olivier Jeanne, 2007. "International Reserves in Emerging Market Countries: Too Much of a Good Thing?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 1-80.
  540. Peter Ockenfels & Rosemarie Nagel & Frank Heinemann, 2002. "Speculative Attacks and Financial Architecture: Experimental Analysis of Coordination Games with Public and Private Information," FMG Discussion Papers dp416, Financial Markets Group.
  541. Farshid Pourshahabi & Nazar Dahmardeh, 2015. "Economic Sanctions, Speculative Attacks and Currency Crisis," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(2), pages 340-355, February.
  542. Jakub Steiner & Eugen Kovac, 2008. "Learning Options in Coordination Problems," 2008 Meeting Papers 848, Society for Economic Dynamics.
  543. Franklin Allen, 2004. "The Efficiency and Stability of Banks and Markets," Working Paper Research 52, National Bank of Belgium.
  544. Gao, Feng & Song, Fengming & Wang, Jun, 2013. "Rational expectations equilibrium with uncertain proportion of informed traders," Journal of Financial Markets, Elsevier, vol. 16(3), pages 387-413.
  545. David Aikman & Andrew G. Haldane & Benjamin D. Nelson, 2015. "Curbing the Credit Cycle," Economic Journal, Royal Economic Society, vol. 125(585), pages 1072-1109, June.
  546. López-Suárez, Carlos Felipe & Razo-Garcia, Raul, 2017. "Speculative attacks in a two-peg model," Journal of International Money and Finance, Elsevier, vol. 70(C), pages 234-256.
  547. Berthold Herrendorf & Akos Valentinyi & Robert Waldmann, 2000. "Ruling Out Multiplicity and Indeterminacy: The Role of Heterogeneity," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(2), pages 295-307.
  548. Shingo Yamazaki, 2019. "Private provision of discrete public goods: the correlated cost case," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 52(3), pages 477-496, March.
  549. repec:zbw:bofrdp:2020_014 is not listed on IDEAS
  550. Guimaraes, Bernardo & Morris, Stephen, 2007. "Risk and wealth in a model of self-fulfilling currency attacks," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2205-2230, November.
  551. Spanjers, Willy, 2008. "The Asian crisis and macroeconomic development: the impact of ambiguity," Economics Discussion Papers 2008-3, School of Economics, Kingston University London.
  552. David Yanagizawa-Drott, 2012. "Propaganda and Conflict: Theory and Evidence from the Rwandan Genocide," CID Working Papers 257, Center for International Development at Harvard University.
  553. Mathevet, Laurent & Taneva, Ina, 2020. "Organized Information Transmission," MPRA Paper 104302, University Library of Munich, Germany.
  554. Osler, Carol L., 2005. "Stop-loss orders and price cascades in currency markets," Journal of International Money and Finance, Elsevier, vol. 24(2), pages 219-241, March.
  555. Evan Piermont & Peio Zuazo-Garin, 2021. "Heterogeneously Perceived Incentives in Dynamic Environments: Rationalization, Robustness and Unique Selections," Papers 2105.06772, arXiv.org.
  556. Komulainen, Tuomas, 2001. "Currency crises in emerging markets: Capital flows and herding behaviour," BOFIT Discussion Papers 10/2001, Bank of Finland Institute for Emerging Economies (BOFIT).
  557. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2004. "Information Dynamics and Equilibrium Multiplicity in Global Games of Regime Change," NBER Working Papers 11017, National Bureau of Economic Research, Inc.
  558. Yorulmazer, Tanju, 2003. "Herd Behavior, Bank Runs and Information Disclosure," MPRA Paper 9513, University Library of Munich, Germany.
  559. Trabelsi, Emna, 2010. "Does asymmetric information play a role in explaining the Asian currency crisis? Application to Indonesian and Malaysian cases using a two-state Markov Switching model," MPRA Paper 26785, University Library of Munich, Germany.
  560. Ryan Chahrour & Rosen Valchev, 2017. "International Medium of Exchange: Privilege and Duty," Boston College Working Papers in Economics 934, Boston College Department of Economics.
  561. Lee, In Ho & Mason, Robin, 2008. "Uncertainty, co-ordination and path dependence," Journal of Economic Theory, Elsevier, vol. 138(1), pages 262-287, January.
  562. Chong Huang, 2018. "Coordination and social learning," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(1), pages 155-177, January.
  563. Assaf Razin & Itay Goldstein, 2012. "Review Of Theories of Financial Crises," 2012 Meeting Papers 214, Society for Economic Dynamics.
  564. Leblang, David & Satyanath, Shanker, 2008. "Politically generated uncertainty and currency crises: Theory, tests, and forecasts," Journal of International Money and Finance, Elsevier, vol. 27(3), pages 480-497, April.
  565. Gao, Pingyang & Jiang, Xu, 2018. "Reporting choices in the shadow of bank runs," Journal of Accounting and Economics, Elsevier, vol. 65(1), pages 85-108.
  566. Bernardo Guimaraes & Caio Machado & Ana E. Pereira, 2020. "Dynamic coordination with timing frictions: Theory and applications," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(3), pages 656-697, June.
  567. Komulainen, Tuomas, 2001. "Currency crises in emerging markets : Capital flows and herding behaviour," BOFIT Discussion Papers 10/2001, Bank of Finland, Institute for Economies in Transition.
  568. Fabia Gumbau-Brisa, 2005. "Heterogeneous beliefs and inflation dynamics: a general equilibrium approach," Working Papers 05-16, Federal Reserve Bank of Boston.
  569. Philipp Harms, 2013. "Piersanti, Giovanni: The macroeconomic theory of exchange rate crises," Journal of Economics, Springer, vol. 109(3), pages 315-317, July.
  570. Schneorson, Oren, 2022. "Interbank credit exposures and financial stability," ESRB Working Paper Series 136, European Systemic Risk Board.
  571. Xin Wang & Soo-Haeng Cho & Alan Scheller-Wolf, 2021. "Green Technology Development and Adoption: Competition, Regulation, and Uncertainty—A Global Game Approach," Management Science, INFORMS, vol. 67(1), pages 201-219, January.
  572. Daniel Laskar, 2013. "Ambiguity, Pessimism, Optimism and Financial Crises in a Simple Global Game Model," Working Papers hal-00811923, HAL.
  573. Taketa, Kenshi & Suzuki-Löffelholz, Kumi & Arikawa, Yasuhiro, 2009. "Experimental analysis on the role of a large speculator in currency crises," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 602-617, October.
  574. Liu, Xuewen & Mello, Antonio S., 2011. "The fragile capital structure of hedge funds and the limits to arbitrage," Journal of Financial Economics, Elsevier, vol. 102(3), pages 491-506.
  575. Wolfgang Kuhle, 2016. "An Equilibrium Model with Computationally Constrained Agents," Papers 1611.01771, arXiv.org.
  576. Elena Carletti & Itay Goldstein & Agnese Leonello, 2019. "The interdependence of bank capital and liquidity," BAFFI CAREFIN Working Papers 19128, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
  577. Neeman Zvika & Orosel Gerhard Oskar, 2002. "Credits, Crises, and Capital Controls: A Microeconomic Analysis," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 1(1), pages 1-44, August.
  578. Della Posta, Pompeo, 2016. "Currency and external debt crises: A unifying framework," Journal of Policy Modeling, Elsevier, vol. 38(4), pages 723-736.
  579. Berardi, Michele, 2015. "Learning and coordination with dispersed information," Journal of Economic Dynamics and Control, Elsevier, vol. 58(C), pages 19-33.
  580. Eloisa Campioni & Vittorio Larocca & Loredana Mirra & Luca Panaccione, 2017. "Financial literacy and bank runs: an experimental analysis," CEIS Research Paper 402, Tor Vergata University, CEIS, revised 07 Jul 2017.
  581. Tarashev, Nikola & Zabai, Anna, 2019. "When pegging is a commitment device: Revisiting conventional wisdom about currency crises," Journal of International Economics, Elsevier, vol. 118(C), pages 233-247.
  582. Narita, Daiju, 2010. "Climate policy as expectation management?," Kiel Working Papers 1624, Kiel Institute for the World Economy (IfW Kiel).
  583. Zhao Li & Kebin Ma, 2022. "Contagious Bank Runs and Committed Liquidity Support," Management Science, INFORMS, vol. 68(12), pages 9152-9174, December.
  584. Myungkyu Shim & Giacomo Rondina, 2014. "Precision of Market-Generated Information in Economies with Coordination Motives," 2014 Meeting Papers 554, Society for Economic Dynamics.
  585. John Duffy, 2009. "Equilibrium Selection in Static and Dynamic Entry Games," Working Paper 376, Department of Economics, University of Pittsburgh, revised Dec 2011.
  586. Le Quang, Gaëtan, 2021. "“Taking Diversity Into Account”: Real effects of accounting measurement on asset allocation," The Quarterly Review of Economics and Finance, Elsevier, vol. 80(C), pages 135-143.
  587. Jin, Ye & Zhou, Zhen & Brandenburger, Adam, 2023. "Coordination via delay: Theory and experiment," Games and Economic Behavior, Elsevier, vol. 137(C), pages 23-49.
  588. Karp, Larry, 2006. "Multiplicity of investment equilibria when pollution permits are not tradable," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt53s4p5wf, Department of Agricultural & Resource Economics, UC Berkeley.
  589. David P. Myatt & Chris Wallace, 2002. "Equilibrium Selection and Public Good Provision," Economics Series Working Papers 103, University of Oxford, Department of Economics.
  590. Enrico Moretti, 2014. "Local Economic Development, Agglomeration Economies, and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(1), pages 275-331.
  591. Rene Carmona, 2020. "Applications of Mean Field Games in Financial Engineering and Economic Theory," Papers 2012.05237, arXiv.org.
  592. Duan, Jieyi & Kobayashi, Hajime & Shichijo, Tatsuhiro, 2020. "Does cheap talk promote coordination under asymmetric information? An experimental study on global games," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 86(C).
  593. Hitoshi Matsushima & Shunya Noda, 2020. "Unique Information Elicitation," CARF F-Series CARF-F-496, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
  594. Alan D. Morrison & Lucy White, 2005. "Crises and Capital Requirements in Banking," American Economic Review, American Economic Association, vol. 95(5), pages 1548-1572, December.
  595. Hellwig, Christian, 2002. "Public Information, Private Information, and the Multiplicity of Equilibria in Coordination Games," Journal of Economic Theory, Elsevier, vol. 107(2), pages 191-222, December.
  596. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2003. "Coordination and Policy Traps," NBER Working Papers 9767, National Bureau of Economic Research, Inc.
  597. Tao Wu & Lin Gui & Liguo Zhang & Chih-Chun Kung, 2023. "Information Jamming and Capture Cost: A Global Game Analysis of Collective Action," SAGE Open, , vol. 13(1), pages 21582440221, January.
  598. Jain, Sanjay & Mukand, Sharun W., 2004. "The economics of high-visibility terrorism," European Journal of Political Economy, Elsevier, vol. 20(2), pages 479-494, June.
  599. Iachan, Felipe S. & Nenov, Plamen T., 2015. "Information quality and crises in regime-change games," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 739-768.
  600. Karp, Larry & Paul, Thierry, 2005. "Friction and the Multiplicity of Equilibria," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt1r57v43d, Department of Agricultural & Resource Economics, UC Berkeley.
  601. Daniel Laskar, 2013. "Ambiguity, Pessimism, Optimism and Financial Crises in a Simple Global Game Model," PSE Working Papers hal-00811923, HAL.
  602. René Carmona, 2022. "The influence of economic research on financial mathematics: Evidence from the last 25 years," Finance and Stochastics, Springer, vol. 26(1), pages 85-101, January.
  603. Andrew G Haldane & Adrian Penalver & Victoria Saporta & Hyun Song Shin, 2005. "Optimal collective action clause thresholds," Bank of England working papers 249, Bank of England.
  604. Pathak, Parag A. & Tirole, Jean, 2006. "Speculative Attacks and Risk Management," IDEI Working Papers 438, Institut d'Économie Industrielle (IDEI), Toulouse.
  605. Jonathan A. Parker & Michael Fishman, 2010. "Valuation and the Volatility of Financing and Investment," 2010 Meeting Papers 1131, Society for Economic Dynamics.
  606. Anand, Kartik & Duley, Chanelle & Gai, Prasanna, 2022. "Cybersecurity and financial stability," Discussion Papers 08/2022, Deutsche Bundesbank.
  607. Martin Geiger & Richard Hule, 2017. "The role of correlation in two-asset games: Some experimental evidence," Working Papers 2017-19, Faculty of Economics and Statistics, Universität Innsbruck.
  608. Franklin Allen & Douglas Gale, 2004. "Financial Intermediaries and Markets," Econometrica, Econometric Society, vol. 72(4), pages 1023-1061, July.
  609. Chen, Yi-Chun & Takahashi, Satoru & Xiong, Siyang, 2014. "The robust selection of rationalizability," Journal of Economic Theory, Elsevier, vol. 151(C), pages 448-475.
  610. Larry Karp & Jeffrey M. Perloff, 2005. "When Promoters Like Scalpers," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 14(2), pages 477-508, June.
  611. Adriani, Fabrizio & Matheson, Jesse A. & Sonderegger, Silvia, 2018. "Teaching by example and induced beliefs in a model of cultural transmission," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 511-529.
  612. Chahrour, Ryan & Gaballo, Gaetano, 2017. "Learning from prices: amplication and business fluctuations," Working Paper Series 2053, European Central Bank.
  613. Li Mei, 2012. "Coordination Failure in Investment, Economic Growth, and Volatility," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-33, March.
  614. Jeanne, Olivier, 1999. "Currency Crises: A Perspective on Recent Theoretical Developments," CEPR Discussion Papers 2170, C.E.P.R. Discussion Papers.
  615. Routledge, Bryan & Zetlin-Jones, Ariel, 2022. "Currency stability using blockchain technology," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
  616. Munther A. Dahleh & Alireza Tahbaz-Salehi & John N. Tsitsiklis & Spyros I. Zoumpoulis, 2016. "Technical Note—Coordination with Local Information," Operations Research, INFORMS, vol. 64(3), pages 622-637, June.
  617. Oberlechner, Thomas & Hocking, Sam, 2004. "Information sources, news, and rumors in financial markets: Insights into the foreign exchange market," Journal of Economic Psychology, Elsevier, vol. 25(3), pages 407-424, June.
  618. Thomas M. Eisenbach & Gregory Phelan, 2022. "Fragility of Safe Asset Markets," Staff Reports 1026, Federal Reserve Bank of New York.
  619. Neumärker, Karl Justus Bernhard & Pech, Gerald, 2003. "The Role of Beliefs for the Sustainability of the Fiscal Constitution," CSLE Discussion Paper Series 2003-01, Saarland University, CSLE - Center for the Study of Law and Economics.
  620. Honda, Jun, 2011. "Noise-independent selection in global games and monotone potential maximizer: A symmetric 3×3 example," Journal of Mathematical Economics, Elsevier, vol. 47(6), pages 663-669.
  621. Evan Friedman & Duarte Gonc{c}alves, 2023. "Quantal Response Equilibrium with a Continuum of Types: Characterization and Nonparametric Identification," Papers 2307.08011, arXiv.org, revised Mar 2024.
  622. Pathikrit Basu & Kalyan Chatterjee & Tetsuya Hoshino & Omer Tamuz, 2018. "Repeated Coordination with Private Learning," Papers 1809.00051, arXiv.org.
  623. Mason, Robin & Valentinyi, Ã kos, 2007. "The existence and uniqueness of monotone pure strategy equilibrium in Bayesian games," Discussion Paper Series In Economics And Econometrics 710, Economics Division, School of Social Sciences, University of Southampton.
  624. Sanchez Villalba, Miguel, 2015. "Global inspection games," Journal of Public Economics, Elsevier, vol. 128(C), pages 59-72.
  625. Giancarlo Marini & Giovanni Piersanti, 2012. "Models of Speculative Attacks and Crashes in International Capital Markets," CEIS Research Paper 245, Tor Vergata University, CEIS, revised 24 Jul 2012.
  626. Lucian A. Bebchuk & Itay Goldstein, 2011. "Self-fulfilling Credit Market Freezes," The Review of Financial Studies, Society for Financial Studies, vol. 24(11), pages 3519-3555.
  627. Nam Kyu Kim, 2018. "Transparency and currency crises," Economics and Politics, Wiley Blackwell, vol. 30(3), pages 394-422, November.
  628. Spanjers, Willem, 2005. "Loss of confidence and currency crises," Economics Discussion Papers 2005-2, School of Economics, Kingston University London.
  629. Maurício Yoshinori Une & Marcelo Savino Portugal, 2005. "Fear of disruption: a model of Markov-switching regimes for the Brazilian country risk conditional volatility," Econometrics 0509005, University Library of Munich, Germany.
  630. Daniëls, Tijmen R. & Jager, Henk & Klaassen, Franc, 2011. "Currency crises with the threat of an interest rate defence," Journal of International Economics, Elsevier, vol. 85(1), pages 14-24, September.
  631. Ariah Klages-Mundt & Steffen Schuldenzucker, 2022. "Designing Autonomous Markets for Stablecoin Monetary Policy," Papers 2212.12398, arXiv.org.
  632. Rene Carmona & Francois Delarue & Daniel Lacker, 2016. "Mean field games of timing and models for bank runs," Papers 1606.03709, arXiv.org, revised Jan 2017.
  633. Song, Zheng, 2008. "Persistent Ideology and the Determination of Public Policies over Time," MPRA Paper 10364, University Library of Munich, Germany.
  634. Marc-Andreas Muendler, 2004. "The Existence of Informationally Efficient Markets When Individuals Are Rational," CESifo Working Paper Series 1295, CESifo.
  635. Dieppe,Alistair Matthew & Kilic Celik,Sinem & Okou,Cedric Iltis Finafa, 2020. "Implications of Major Adverse Events on Productivity," Policy Research Working Paper Series 9411, The World Bank.
  636. Hwang, Sunjoo, 2019. "Is Bail-in Debt Bail-inable?," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 41(4), pages 1-44.
  637. Li, Kui-Wai, 2011. "Identifying the Signs of Currency Speculation in Hong Kong's Linked exchange Rate," MPRA Paper 35279, University Library of Munich, Germany.
  638. Karp, Larry, 2006. "Multiplicity of investment equilibria when pollution permits are not tradable," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt53s4p5wf, Department of Agricultural & Resource Economics, UC Berkeley.
  639. Beteto, Danilo Lopomo, 2012. "Government Intervention and Financial Fragility," Risk and Sustainable Management Group Working Papers 156477, University of Queensland, School of Economics.
  640. Driskill, Robert, 2006. "Multiple equilibria in dynamic rational expectations models: A critical review," European Economic Review, Elsevier, vol. 50(1), pages 171-210, January.
  641. Jann, Ole & Schottmüller, Christoph, 2021. "Regime change games with an active defender," Games and Economic Behavior, Elsevier, vol. 129(C), pages 96-113.
  642. Pereira, Ana Elisa, 2021. "Rollover risk and stress test credibility," Games and Economic Behavior, Elsevier, vol. 129(C), pages 370-399.
  643. Vaugirard, Victor, 2007. "Informational contagion of bank runs in a third-generation crisis model," Journal of International Money and Finance, Elsevier, vol. 26(3), pages 403-429, April.
  644. Takeda, Fumiko, 2004. "A twin crisis model with incomplete information," Journal of the Japanese and International Economies, Elsevier, vol. 18(1), pages 38-56, March.
  645. Hoerova, Marie, 2005. "Financial Deepening and Bank Runs," Working Papers 05-07, Cornell University, Center for Analytic Economics.
  646. Ioana Neamtu, 2020. "Multiple buffer CoCos and their impact on financial stability," Tinbergen Institute Discussion Papers 20-010/IV, Tinbergen Institute.
  647. Lindner, Axel, 2006. "Original Sin - Analysing Its Mechanics and a proposed Remedy in a Simple Macroeconomic Model," IWH Discussion Papers 11/2006, Halle Institute for Economic Research (IWH).
  648. Hitoshi Matsushima & Shunya Noda, 2020. "Epistemological Mechanism Design (Revised version of CARF-F-496)," CARF F-Series CARF-F-498, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, revised Feb 2021.
  649. Manso, Gustavo, 2013. "Feedback effects of credit ratings," Journal of Financial Economics, Elsevier, vol. 109(2), pages 535-548.
  650. repec:hal:cepnwp:hal-01117929 is not listed on IDEAS
  651. Bougheas, Spiros, 2002. "Optimism, education and industrial development," Research in Economics, Elsevier, vol. 56(2), pages 199-214, June.
  652. George-Marios Angeletos & Karthik Sastry, 2019. "Inattentive Economies," NBER Working Papers 26413, National Bureau of Economic Research, Inc.
  653. Wang, Zigan & Zhu, Youwei, 2011. "A dynamic model of house price," MPRA Paper 34395, University Library of Munich, Germany, revised 29 Oct 2011.
  654. José Jorge & Joana Rocha, 2015. "A Primer On Global Games Applied To Macroeconomics And Finance," Journal of Economic Surveys, Wiley Blackwell, vol. 29(5), pages 869-886, December.
  655. Christian Hellwig, 2000. "Public Information, Private Information and the Multiplicity of Equilibrium in Co-ordination of Games," FMG Discussion Papers dp361, Financial Markets Group.
  656. Fernando Broner, 1999. "On the timing of balance of payments crises: Disaggregated information and interest rate policy," Economics Working Papers 840, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2002.
  657. Massa, Massimo & Yasuda, Ayako & Zhang, Lei, 2013. "Supply uncertainty of the bond investor base and the leverage of the firm," Journal of Financial Economics, Elsevier, vol. 110(1), pages 185-214.
  658. Nirei, Makoto & Sushko, Vladyslav, 2011. "Jumps in foreign exchange rates and stochastic unwinding of carry trades," International Review of Economics & Finance, Elsevier, vol. 20(1), pages 110-127, January.
  659. Gabriel Desgranges & Ms. Celine Rochon, 2014. "Optimal Maturity Structure of Sovereign Debt in Situation of Near Default," IMF Working Papers 2014/168, International Monetary Fund.
  660. Alexandra Lai, 2002. "Modelling Financial Instability: A Survey of the Literature," Staff Working Papers 02-12, Bank of Canada.
  661. Paniagua, Jordi & Sapena, Juan & Tamarit, Cecilio, 2017. "Sovereign debt spreads in EMU: The time-varying role of fundamentals and market distrust," Journal of Financial Stability, Elsevier, vol. 33(C), pages 187-206.
  662. Muendler, Marc-Andreas, 2007. "The possibility of informationally efficient markets," Journal of Economic Theory, Elsevier, vol. 133(1), pages 467-483, March.
  663. Barelli, Paulo & Duggan, John, 2015. "Purification of Bayes Nash equilibrium with correlated types and interdependent payoffs," Games and Economic Behavior, Elsevier, vol. 94(C), pages 1-14.
  664. Mahdi Yazdani & Mohammad Nikzad, 2021. "Output Losses from Currency Crises and the Role of Central Bank," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 10(3), pages 79-97.
  665. Mangin, Sephorah & Zenou, Yves, 2016. "Illegal migration and policy enforcement," Economics Letters, Elsevier, vol. 148(C), pages 83-86.
  666. Radu, Vranceanu & Besancenot, Damien & Dubart, Delphine, 2013. "Can Rumors and Other Uninformative Messages Cause Illiquidity ?," ESSEC Working Papers WP1309, ESSEC Research Center, ESSEC Business School, revised Jun 2014.
  667. Kraay, Aart, 2003. "Do high interest rates defend currencies during speculative attacks?," Journal of International Economics, Elsevier, vol. 59(2), pages 297-321, March.
  668. Christian Hellwig, 2002. "Imperfect Common Knowledge of Preferences in Global Coordination Games (October 2002)," UCLA Economics Online Papers 211, UCLA Department of Economics.
  669. Zvika Neeman & Gerhard O. Orosel, 2001. "Credits, Crises, and Capital Controls: A Microeconomic Analysis," Vienna Economics Papers vie0103, University of Vienna, Department of Economics.
  670. Leblang, David & Satyanath, Shanker, 2006. "Institutions, Expectations, and Currency Crises," International Organization, Cambridge University Press, vol. 60(1), pages 245-262, January.
  671. Alessandro Prati & Massimo Sbracia, 2002. "Currency crises and uncertainty about fundamentals," Temi di discussione (Economic working papers) 446, Bank of Italy, Economic Research and International Relations Area.
  672. Platonov, Konstantin, 2024. "Confidence spillovers, financial contagion, and stagnation," Journal of International Money and Finance, Elsevier, vol. 148(C).
  673. König-Kersting, Christian & Trautmann, Stefan T. & Vlahu, Razvan, 2022. "Bank instability: Interbank linkages and the role of disclosure," Journal of Banking & Finance, Elsevier, vol. 134(C).
  674. Takeda, Fumiko, 2001. "Bank runs and international financial instability revisited," Economics Letters, Elsevier, vol. 73(2), pages 187-194, November.
  675. Bruno, Randolph Luca, 2019. "Tax enforcement, tax compliance and tax morale in transition economies: A theoretical model," European Journal of Political Economy, Elsevier, vol. 56(C), pages 193-211.
  676. Brav, Alon & Dasgupta, Amil & Mathews, Richmond, 2015. "Wolf pack activism," LSE Research Online Documents on Economics 119008, London School of Economics and Political Science, LSE Library.
  677. repec:hal:spmain:info:hdl:2441/5hem762p8r8ujpo0bt0aihhnsl is not listed on IDEAS
  678. Mardini Patrick, 2016. "The Case for Repairing Broken Channels without the Use of Unconventional Monetary Policy," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 22(1), pages 61-76, July.
  679. Della Posta, Pompeo, 2018. "A model of currency crises with heterogeneous market beliefs," The North American Journal of Economics and Finance, Elsevier, vol. 45(C), pages 182-195.
  680. Jeremy Bertomeu & Edwige Cheynel, 2015. "Asset Measurement in Imperfect Credit Markets," Journal of Accounting Research, Wiley Blackwell, vol. 53(5), pages 965-984, December.
  681. Mei Li & Frank Milne, 2010. "A Large Trader in Bubbles and Crashes: an Application to Currency Attacks," Working Papers 1004, University of Guelph, Department of Economics and Finance.
  682. Dasgupta, Amil, 2007. "Coordination and delay in global games," Journal of Economic Theory, Elsevier, vol. 134(1), pages 195-225, May.
  683. Hattori, Masazumi, 2004. "A theory of sovereign debt roll-over crisis," LSE Research Online Documents on Economics 24700, London School of Economics and Political Science, LSE Library.
  684. Yang, Ming, 2015. "Coordination with flexible information acquisition," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 721-738.
  685. Louis RAFFESTIN, 2021. "Uncertainty as a vector of financial contagion: how does it work, and how much does it matter?," LEO Working Papers / DR LEO 2881, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
  686. Lorenzoni, Guido, 2014. "International Financial Crises," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 689-740, Elsevier.
  687. Tillmann, Peter, 2004. "Disparate information and the probability of currency crises: empirical evidence," Economics Letters, Elsevier, vol. 84(1), pages 61-68, July.
  688. Christian Hellwig, 2005. "Knowing What Others Know: Coordination Motives in Information Acquisition (March 2007, with Laura Veldkamp)," UCLA Economics Online Papers 369, UCLA Department of Economics.
  689. Christopher J. Ellis & John Fender, 2008. "Democratic Errors," University of Oregon Economics Department Working Papers 2008-2, University of Oregon Economics Department.
  690. B. Gabriela Mundaca, 2002. "Moral Hazard Effects of Bailing out under Asymmetric Information," CESifo Working Paper Series 789, CESifo.
  691. Lee, Kyounghun & Oh, Frederick Dongchuhl, 2021. "Public information and global games with strategic complements and substitutes," Economics Letters, Elsevier, vol. 199(C).
  692. Gaëtan Le Quang, 2018. ""Taking Diversity into Account": Real Effects of Accounting Measurement on Asset Allocation," Working Papers hal-04141805, HAL.
  693. Paul R. Masson, 1999. "Multiple equilibria, contagion, and the emerging market crises," Proceedings, Federal Reserve Bank of San Francisco, issue Sep.
  694. Roy, Sunanda & Singh, Rajesh & Weninger, Quinn, 2023. "Entry under placement uncertainty," ISU General Staff Papers 202102240800001096, Iowa State University, Department of Economics.
  695. repec:stn:sotoec:1401 is not listed on IDEAS
  696. Mira Frick & Ryota Iijima & Yuhta Ishii, 2021. "Learning Efficiency of Multi-Agent Information Structures," Cowles Foundation Discussion Papers 2299R2, Cowles Foundation for Research in Economics, Yale University, revised Jul 2022.
  697. Xuewen Liu, 2015. "Short-Selling Attacks and Creditor Runs," Management Science, INFORMS, vol. 61(4), pages 814-830, April.
  698. Sahuguet, Nicolas, 2011. "A model of repeat advertising," Economics Letters, Elsevier, vol. 111(1), pages 20-22, April.
  699. Drazen, Allan, 2000. "Interest-rate and borrowing defense against speculative attack," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 303-348, December.
  700. Masson, Paul, 1999. "Contagion:: macroeconomic models with multiple equilibria," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 587-602, August.
  701. Oh, Frederick Dongchuhl & Park, Junghum, 2023. "A large creditor in contagious liquidity crises," Journal of Banking & Finance, Elsevier, vol. 146(C).
  702. Rui P. Esteves, 2011. "The Political Economy of Global Financial Liberalisation in Historical Perspective," Oxford University Economic and Social History Series _089, Economics Group, Nuffield College, University of Oxford.
  703. Goodhart, Charles, 2015. "The interest rate conditioning assumption," LSE Research Online Documents on Economics 24666, London School of Economics and Political Science, LSE Library.
  704. Guillaume Plantin, 2003. "Self-Fulfilling Liquidity," FMG Discussion Papers dp448, Financial Markets Group.
  705. Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).
  706. Cabrales, Antonio & Drouvelis, Michalis & Gurguc, Zeynep & Ray, Indrajit, 2018. "Do we need to listen to all stakeholders?: communicating in a coordination game with private information," Cardiff Economics Working Papers E2018/23, Cardiff University, Cardiff Business School, Economics Section.
  707. Peia, Oana & Vranceanu, Radu, 2019. "Experimental evidence on bank runs with uncertain deposit coverage," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 214-226.
  708. Rodrigo J. Harrison, 2003. "Equilibrium Selection in Global Games with Strategic Substitutes," Game Theory and Information 0306003, University Library of Munich, Germany.
  709. Isabel Schnabel & Hyun Song Shin, 2018. "Money and trust: lessons from the 1620s for money in the digital age," BIS Working Papers 698, Bank for International Settlements.
  710. Laskar, Daniel, 2014. "Ambiguity and perceived coordination in a global game," Economics Letters, Elsevier, vol. 122(2), pages 317-320.
  711. Cheli, Bruno & Della Posta, Pompeo, 2007. "Self-fulfilling currency attacks with biased signals," Journal of Policy Modeling, Elsevier, vol. 29(3), pages 381-396.
  712. Anna Bayona & Oana Peia & Razvan Vlahu, 2023. "Credit Ratings and Investments," Working Papers 776, DNB.
  713. Sergio Masciantonio, 2005. "The Role of Preference Structure and Moral Hazard in a Multiple Equilibria. Model of Financial Crises," Rivista di Politica Economica, SIPI Spa, vol. 95(6), pages 135-165, November-.
  714. Steiner, Jakub, 2008. "Coordination of mobile labor," Journal of Economic Theory, Elsevier, vol. 139(1), pages 25-46, March.
  715. Franklin Allen & Ana Babus & Elena Carletti, 2009. "Financial Crises: Theory and Evidence," Annual Review of Financial Economics, Annual Reviews, vol. 1(1), pages 97-116, November.
  716. Christoph Diehl & Christoph Kuzmics, 2021. "The (non-)robustness of influential cheap talk equilibria when the sender’s preferences are state independent," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 911-925, December.
  717. Diasakos, Theodoros M & Neymotin, Florence, 2013. "Coordination in Public Good Provision: How Individual Volunteering is Impacted by the Volunteering of Others," SIRE Discussion Papers 2013-119, Scottish Institute for Research in Economics (SIRE).
  718. Mariassunta Giannetti, 2004. "Old and Modern Currency Crises: Short-Term Liabilities, Speculative Attacks and Business Cycles," Econometric Society 2004 North American Summer Meetings 133, Econometric Society.
  719. Guimaraes, Bernardo & Pereira, Ana Elisa, 2016. "QWERTY is efficient," Journal of Economic Theory, Elsevier, vol. 163(C), pages 819-825.
  720. repec:bla:scandj:v:100:y:1998:i:1:p:247-75 is not listed on IDEAS
  721. Roberto Benelli, 2003. "Do IMF-Supported Programs Boost Private Capital Inflows? the Role of Program Size and Policy Adjustment," IMF Working Papers 2003/231, International Monetary Fund.
  722. Armstrong, Christopher S. & Glaeser, Stephen & Kepler, John D., 2019. "Strategic reactions in corporate tax planning," Journal of Accounting and Economics, Elsevier, vol. 68(1).
  723. Ettore Panetti & Filomena Garcia, 2017. "A Theory of Government Bailouts in a Heterogeneous Banking System," Working Papers w201716, Banco de Portugal, Economics and Research Department.
  724. Etro, Federico, 2017. "Research in economics and game theory. A 70th anniversary," Research in Economics, Elsevier, vol. 71(1), pages 1-7.
  725. Diamond Douglas W., 2019. "Institutions, Games and Economic Theory : Comments on the Guidance of an Enterprise Economy by Martin Shubik and Eric Smith, MIT Press 2016," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 9(3), pages 1-6, December.
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.