Fire Sales in Finance and Macroeconomics

被引:342
作者
Shleifer, Andrei [1 ]
Vishny, Robert [2 ]
机构
[1] Harvard Univ, Cambridge, MA 02138 USA
[2] Univ Chicago, Booth Sch Business, Chicago, IL 60637 USA
关键词
MARKET; DEBT; CREDIT; LIQUIDITY; EQUILIBRIUM;
D O I
10.1257/jep.25.1.29
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:29 / 48
页数:20
相关论文
共 70 条
[1]  
Acharya V., REV FINANCI IN PRESS
[2]  
Acharya V., 2010, Securitization without risk transfer
[3]   The Changing Nature of Financial Intermediation and the Financial Crisis of 2007-2009 [J].
Adrian, Tobias ;
Shin, Hyun Song .
ANNUAL REVIEW OF ECONOMICS, VOL 2, 2010, 2 :603-618
[4]   AN INCOMPLETE CONTRACTS APPROACH TO FINANCIAL CONTRACTING [J].
AGHION, P ;
BOLTON, P .
REVIEW OF ECONOMIC STUDIES, 1992, 59 (03) :473-494
[5]  
ALLEN F, 1994, AM ECON REV, V84, P933
[6]  
ALMEIDA H, 2009, LIQUIDITY MERGERS
[7]  
[Anonymous], 2010, Staff Report, No. 458
[8]   ANATOMY OF FINANCIAL DISTRESS - AN EXAMINATION OF JUNK-BOND ISSUERS [J].
ASQUITH, P ;
GERTNER, R ;
SCHARFSTEIN, D .
QUARTERLY JOURNAL OF ECONOMICS, 1994, 109 (03) :625-658
[9]   THE UNEASY CASE FOR CORPORATE REORGANIZATIONS [J].
BAIRD, DG .
JOURNAL OF LEGAL STUDIES, 1986, 15 (01) :127-147
[10]  
BENMELECH E, J FINANCE