Nobuhiro Kiyotaki and John Moore
Books by Nobuhiro Kiyotaki and John Moore
Credit Cycles (Journal of Political Economy, Vol. 105, No. 2, April 1997)
by Nobuhiro Kiyotaki and John Moore
In a financial crisis, how can the sudden loss of liquidity occur? The Kiyotaki and Moore paper provides a possible scenario. Their model shows how what began as a problem in the real estate market – in fact, just the subprime part of the real estate market – can grow into something that envelops the entire financial sector.
Interviews where books by Nobuhiro Kiyotaki and John Moore were recommended
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1
Bank Runs, Deposit Insurance and Liquidity (Journal of Political Economy, Vol. 91, No. 3, June 1983)
by Douglas Diamond and Philip Dybvig -
2
Private and Public Supply of Liquidity (Journal of Political Economy, Vol. 106, No. 1, February 1998)
by Bengt Holmstrom and Jean Tirole -
3
The Prudential Regulation of Banks
by Mathias Dewatripont and Jean Tirole -
4
Credit Cycles (Journal of Political Economy, Vol. 105, No. 2, April 1997)
by Nobuhiro Kiyotaki and John Moore -
5
Leverage Cycles and the Anxious Economy (American Economic Review, Vol. 98, No. 4, September 2008)
by Ana Fostel and John Geanakoplos
Economic Theory and the Financial Crisis: A Reading List, recommended by Eric Maskin
Economic Theory and the Financial Crisis: A Reading List, recommended by Eric Maskin
The 2007 Nobel Economics Prize winner says that, contrary to popular perception, economic theory did a good job of predicting the financial crisis, it’s just that no one was paying any attention. Eric Maskin talks us through four journal articles and one book on ‘economic theory and the financial crisis.’
