IMPORTANT: Scheduled maintenance is currently underway

Some web pages, statistical data, and other information may be missing or displayed incorrectly. We apologize for any inconvenience.

Ali Kakhbod


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

See More

Follow the Bank