No Substitute for the "P" Word in Financial Rescue
AbstractFears of pricing troubled assets have needlessly stalled the rescue effort, according to Lawrence Ausubel and Peter Cramton, two market-design economists whose work on TARP has received the attention of the Treasury and policy makers.
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Bibliographic InfoArticle provided by De Gruyter in its journal The Economists' Voice.
Volume (Year): 6 (2009)
Issue (Month): 2 (February)
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Web page: http://www.degruyter.com
Other versions of this item:
- Lawrence M. Ausubel & Peter Cramton, 2009. "No Substitute for the 'P'-Word in Financial Rescue," Papers of Peter Cramton 09fop, University of Maryland, Department of Economics - Peter Cramton, revised 2009.
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
- G01 - Financial Economics - - General - - - Financial Crises
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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- Thomas Philippon & Vasiliki Skreta, 2012.
"Optimal Interventions in Markets with Adverse Selection,"
American Economic Review,
American Economic Association, vol. 102(1), pages 1-28, February.
- Philippon, Thomas & Skreta, Vasiliki, 2010. "Optimal Interventions in Markets with Adverse Selection," CEPR Discussion Papers 7737, C.E.P.R. Discussion Papers.
- Thomas Philippon & Vasiliki Skreta, 2010. "Optimal Interventions in Markets with Adverse Selection," NBER Working Papers 15785, National Bureau of Economic Research, Inc.
- Vasiliki Skreta & Thomas Philippon, 2010. "Optimal Interventions in Markets with Adverse Selection," 2010 Meeting Papers 1333, Society for Economic Dynamics.
- Thomas Philippon & Vasiliki Skreta, 2011. "Optimal Interventions in Markets with Adverse Selection," Working Papers 11-11, New York University, Leonard N. Stern School of Business, Department of Economics.
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