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Volumn 53, Issue 4, 1998, Pages 1245-1284

Optimal financial crises

(2)  Allen, Franklin a   Gale, Douglas a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0010794391     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/0022-1082.00052     Document Type: Article
Times cited : (522)

References (23)
  • 3
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    • Nonmonetary effects of the financial crisis in the propagation of the great depression
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    • Bernanke, B.1
  • 4
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    • Agency costs, net worth, and business fluctuations
    • Bernanke, Ben, and Mark Gertler, 1989, Agency costs, net worth, and business fluctuations, American Economic Review 79, 14-31.
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    • Bernanke, B.1    Gertler, M.2
  • 5
    • 0002875043 scopus 로고
    • Preference shocks, liquidity and central bank policy
    • William Barnett and Kenneth Singleton, eds. (Cambridge University Press, New York, N.Y.)
    • Bhattacharya, Sudipto, and Douglas Gale, 1987, Preference shocks, liquidity and central bank policy, in William Barnett and Kenneth Singleton, eds.: New Approaches to Monetary Economics (Cambridge University Press, New York, N.Y.).
    • (1987) New Approaches to Monetary Economics
    • Bhattacharya, S.1    Gale, D.2
  • 6
    • 0002232313 scopus 로고
    • The origins of banking panics, models, facts, and bank regulation
    • Glenn Hubbard, ed. (University of Chicago Press, Chicago, Ill.)
    • Calomiris, Charles, and Gary Gorton, 1991, The origins of banking panics, models, facts, and bank regulation, in Glenn Hubbard, ed.: Financial Markets and Financial Crises (University of Chicago Press, Chicago, Ill.).
    • (1991) Financial Markets and Financial Crises
    • Calomiris, C.1    Gorton, G.2
  • 7
    • 0000646935 scopus 로고
    • The role of demandable debt in structuring optimal banking arrangements
    • Calomiris, Charles, and Charles Kahn, 1991, The role of demandable debt in structuring optimal banking arrangements, American Economic Review 81, 497-513.
    • (1991) American Economic Review , vol.81 , pp. 497-513
    • Calomiris, C.1    Kahn, C.2
  • 8
    • 0000268370 scopus 로고    scopus 로고
    • Currency elasticity and banking panics: Theory and evidence
    • Champ, Bruce, Bruce Smith, and Stephen Williamson, 1996. Currency elasticity and banking panics: Theory and evidence, Canadian Journal of Economics 29, 828-864.
    • (1996) Canadian Journal of Economics , vol.29 , pp. 828-864
    • Champ, B.1    Smith, B.2    Williamson, S.3
  • 9
    • 0002166010 scopus 로고
    • Banking without deposit insurance or bank panics: Lessons from a model of the U.S. National Banking System
    • Chari, V., 1989, Banking without deposit insurance or bank panics: Lessons from a model of the U.S. National Banking System, Federal Reserve Bank of Minneapolis Quarterly Review 13(Summer), 3-19.
    • (1989) Federal Reserve Bank of Minneapolis Quarterly Review , vol.13 , Issue.SUMMER , pp. 3-19
    • Chari, V.1
  • 10
    • 84977722451 scopus 로고
    • Banking panics, information, and rational expectations equilibrium
    • Chari, V., and Ravi Jagannathan, 1988, Banking panics, information, and rational expectations equilibrium, Journal of Finance 43, 749-60.
    • (1988) Journal of Finance , vol.43 , pp. 749-760
    • Chari, V.1    Jagannathan, R.2
  • 11
    • 0031410051 scopus 로고    scopus 로고
    • Liquidity, banks and markets
    • Diamond, Douglas, 1997, Liquidity, banks and markets, Journal of Political Economy 105, 928-956.
    • (1997) Journal of Political Economy , vol.105 , pp. 928-956
    • Diamond, D.1
  • 12
    • 85010390101 scopus 로고
    • Bank runs, deposit insurance, and liquidity
    • Diamond, Douglas, and Philip Dybvig, 1983, Bank runs, deposit insurance, and liquidity, Journal of Political Economy 91, 401-419.
    • (1983) Journal of Political Economy , vol.91 , pp. 401-419
    • Diamond, D.1    Dybvig, P.2
  • 13
    • 34447138870 scopus 로고
    • Banking panics and business cycles
    • Gorton, Gary, 1988, Banking panics and business cycles, Oxford Economic Papers 40, 751-781.
    • (1988) Oxford Economic Papers , vol.40 , pp. 751-781
    • Gorton, G.1
  • 14
    • 0000947861 scopus 로고
    • Liquidity provision, banking, and the allocation of interest rate risk
    • Hellwig, Martin, 1994, Liquidity provision, banking, and the allocation of interest rate risk, European Economic Review 38, 1363-1389.
    • (1994) European Economic Review , vol.38 , pp. 1363-1389
    • Hellwig, M.1
  • 15
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    • Distinguishing panics and information-based bank runs: Welfare and policy implications
    • Jacklin, Charles J., and Sudipto Bhattacharya, 1988, Distinguishing panics and information-based bank runs: Welfare and policy implications, Journal of Political Economy 96, 568-592.
    • (1988) Journal of Political Economy , vol.96 , pp. 568-592
    • Jacklin, C.J.1    Bhattacharya, S.2
  • 22
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    • Another attempt to explain an illiquid banking system: The Diamond and Dybvig model with sequential service taken seriously
    • Wallace, Neil, 1988, Another attempt to explain an illiquid banking system: The Diamond and Dybvig model with sequential service taken seriously, Federal Reserve Bank of Minneapolis Quarterly Review 12(Fall), 3-16.
    • (1988) Federal Reserve Bank of Minneapolis Quarterly Review , vol.12 , Issue.FALL , pp. 3-16
    • Wallace, N.1


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