Showing 1 - 10 of 30,471
emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism. …
Persistent link: https://www.econbiz.de/10010822881
between risk and uncertainty is implemented by applying the multiple priors framework to beliefs about the probability of …
Persistent link: https://www.econbiz.de/10011209863
between risk and uncertainty is implemented by applying the Gilboa-Schmeidler maxmin with multiple priors framework to lenders …
Persistent link: https://www.econbiz.de/10009144737
emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism. …
Persistent link: https://www.econbiz.de/10011210891
emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to ride … that would help prevent potential crises. We provide evidence of the relevance of this reputation mechanism. …
Persistent link: https://www.econbiz.de/10010888458
Reputation concerns in credit markets restrain borrowers' temptations to take excessive risk. The strength of these …
Persistent link: https://www.econbiz.de/10011019205
The main objective of this paper is to present a reading of The Arcades Project by Walter Benjamin in the context of the financial crisis, in particular, reflect from a few fragments of Benjamin's work appear to lie around a Black Swan. The recovery of the fragments of The Arcades seems...
Persistent link: https://www.econbiz.de/10008622248
-surplus regions suggest that in situations where all producers are subjected to a common source of risk (e.g. rainfall): I …
Persistent link: https://www.econbiz.de/10005616632
parameters suggest that in a situation where all producers are subjected to a common source of risk (e.g. rainfall): i) the …
Persistent link: https://www.econbiz.de/10005790005
How does the central bank's incentive to build a reputation affect speculators' ability to coordinate and the …' coordination and the central bank's reputation building? I address these questions in a dynamic regime change game that highlights … the interaction between the central bank's reputation building and speculators' individual learning. On the one hand, the …
Persistent link: https://www.econbiz.de/10009366836