Banking panics: The role of the first-come, first-served rule and information externalities

Journal of Political Economy

Volumn 107, Issue 5, 1999, Pages 946-968

  Chen, Yehning ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; FINANCIAL MARKET;

EID: 0033398232     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/250086     Document Type: Article

References (11)

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3. _. The Postmodern Bank Safety Net: Lessons from Developed and Developing Economies. Washington: American Enterprise Inst. Press, 1997.
4. Calomiris, Charles W., and Gorton, Gary. " The Origins of Banking Panics: Models, Facts, and Bank Regulation." In Financial Markets and Financial Crises, edited by R. Glenn Hubbard. Chicago: Univ. Chicago Press (for NBER), 1991.
5. Calomiris, Charles W., and Kahn, Charles M. " The Role of Demandable Debt in Structuring Optimal Banking Arrangements." A.E.R. 81 (June 1991): 497-513.
6. Chari, V. V., and Jagannathan, Ravi. " Banking Panics, Information, and Rational Expectations Equilibrium." J. Finance 43 (July 1988): 749-61.
7. Chen, Yehning. " The Role of Information Externalities in Bank Runs." Ph.D. dissertation, Univ. California, Los Angeles, 1994.
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9. Gilbert, R. Alton. " Market Discipline of Bank Risk: Theory and Evidence." Fed. Reserve Bank St. Louis Rev. 72 (January/February 1990): 3-18.
10. Gorton, Gary. " Banking Panics and Business Cycles." Oxford Econ. Papers 40 (December 1988): 751-81.
11. Harrison, Glenn W., and Hirshleifer, Jack. " An Experimental Evaluation of Weakest Link/Best Shot Models of Public Goods." J.P.E. 97 (February 1989): 201-25.