Ali Kakhbod

Author

Staff working papers

Information, Amplification and Financial Crisis

Staff Working Paper 2014-30 Ali Kakhbod, Toni Ahnert
We propose a parsimonious model of information choice in a global coordination game of regime change that is used to analyze debt crises, bank runs or currency attacks. A change in the publicly available information alters the uncertainty about the behavior of other investors.
Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial stability JEL Code(s): D, D8, D83, G, G0, G01

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