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~institution:"London School of Economics (LSE)"
~person:"Araujo, Luis"
~person:"Guimaraes, Bernardo"
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Trust-based trade
Araujo, Luis
;
Ornelas, Emanuel
-
London School of Economics (LSE)
-
2007
information. The model describes the interplay between institutional quality, reputations and the
dynamics
of international trade …
Persistent link: https://www.econbiz.de/10010745456
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Unique equilibrium in a dynamic model of crises with frictions
Guimaraes, Bernardo
-
London School of Economics (LSE)
-
2005
This paper studies a dynamic model of crises with timing frictions that combines the main aspects of Morris and Shin (1998) and Frankel and Pauzner (2000). The usual arguments for existence and uniqueness of equilibrium cannot be applied. It is shown that the model has a unique equilibrium...
Persistent link: https://www.econbiz.de/10010928606
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