Chaotic banking crises and regulations

DOI10.1007/S00199-016-0952-9zbMath1367.91111OpenAlexW2290311281MaRDI QIDQ255171

Jess Benhabib, Jianjun Miao, Peng-fei Wang

Publication date: 9 March 2016

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-016-0952-9

zbMATH Keywords

chaosbanking crisiscoordination failureincentive constraintsrisk takingrisk-shiftingself-fulfilling equilibria

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Macroeconomic theory (monetary models, models of taxation) (91B64) Strange attractors, chaotic dynamics of systems with hyperbolic behavior (37D45) Economic dynamics (91B55)

Related Items (5)

Optimal capital requirements with noisy signals on banking risk ⋮ Deterministic debt cycles in open economies with flow collateral constraints ⋮ Crisis contracts ⋮ Introduction to the symposium on bubbles, multiple equilibria, and economic activities ⋮ Credit search and credit cycles

Cites Work

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• Banking bubbles and financial crises
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• Bank Runs, Deposit Insurance, and Liquidity
• On Endogenous Competitive Business Cycles
• Period Three Implies Chaos
• Debt Constrained Asset Markets
• Efficiency, Equilibrium, and Asset Pricing with Risk of Default

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