We develop a model in which firms face financial frictions while setting prices in customer markets. Financial distortions create an incentive for firms to raise prices in response to adverse ...

They can result from various factors, including savings, investment, and trade dynamics, and have the potential to escalate into an international financial crisis. Monitoring and addressing these ...

This paper assesses the dynamics of the term structure of interest rates in the United States in light of the financial crisis in 2007-10. In particular, this paper assesses the dynamics of the term ...

Gensler worried openly in May about AI's potential to induce a crisis ... a part of market dynamics for a while, and for whatever it's worth, it hasn't destroyed the financial system yet.

We estimate a learning model that explains these dynamics. Policymakers updated their ... leading to the global wave of financial liberalization in the 1990s. The 2008 financial crisis, however, ...

The study explores how investor behavior and market power during financial crises impact sovereign debt auctions, focusing on ...

Learn about the key indicators of an international financial crisis and why they matter. Find out how early warning systems can help us avoid or reduce a crisis.