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A Model Of Crisis Management, Fei Li, Jidong Zhou Dec 2020

A Model Of Crisis Management, Fei Li, Jidong Zhou

Cowles Foundation Discussion Papers

We propose a model of how multiple societies respond to a common crisis. A government faces a “damned-either-way” policy-making dilemma: aggressive intervention contains the crisis, but the resulting good outcome makes people skeptical of the costly response; light intervention worsens the crisis and causes the government to be faulted for not doing enough. This dilemma can be mitigated for the society that encounters the crisis first if another society faces the same crisis afterward. Our model predicts that the later society does not necessarily perform better despite having more information, while the earlier society might benefit from a dynamic counterfactual …


Faqs: Primary Market Corporate Credit Facility And Secondary Market Corporate Credit Facility, Effective December 4, 2020, Federal Reserve System: Federal Reserve Bank Of New York Dec 2020

Faqs: Primary Market Corporate Credit Facility And Secondary Market Corporate Credit Facility, Effective December 4, 2020, Federal Reserve System: Federal Reserve Bank Of New York

Documents

No abstract provided.


Yes Bank, Pnb Crises Shows Why Rbi Needs A Data-First Approach To Supervision, Rajesh Bansal Dec 2020

Yes Bank, Pnb Crises Shows Why Rbi Needs A Data-First Approach To Supervision, Rajesh Bansal

Documents

No abstract provided.


Periodic Report: Update On Outstanding Lending Facilities Authorized By The Board Under Section 13(3) Of The Federal Reserve Act - December 3, 2020, Federal Reserve System: Board Of Governors Dec 2020

Periodic Report: Update On Outstanding Lending Facilities Authorized By The Board Under Section 13(3) Of The Federal Reserve Act - December 3, 2020, Federal Reserve System: Board Of Governors

Documents

No abstract provided.


Colombia Draws On Imf Flexible Credit Line To Address The Covid-19 Pandemic, International Monetary Fund (Imf) Dec 2020

Colombia Draws On Imf Flexible Credit Line To Address The Covid-19 Pandemic, International Monetary Fund (Imf)

Documents

No abstract provided.


Ypfs Lessons Learned Oral History Project: An Interview With John Bovenzi, John Bovenzi, Sandra Ward Dec 2020

Ypfs Lessons Learned Oral History Project: An Interview With John Bovenzi, John Bovenzi, Sandra Ward

Documents

Suggested Citation Form: Bovenzi, John, 2022. “Lessons Learned Interview by Sandra Ward, December 2, 2020."Yale Program on Financial Stability Lessons Learned Oral History Project. Transcript. https://ypfs.som.yale.edu/library/ypfs-lesson-learned-oral-history-project-interview-john-bovenzi


Ypfs Lessons Learned Oral History Project: An Interview With Susan Mclaughlin, Susan Mclaughlin, Matthew A. Lieber Dec 2020

Ypfs Lessons Learned Oral History Project: An Interview With Susan Mclaughlin, Susan Mclaughlin, Matthew A. Lieber

Documents

Suggested Citation Form: McLaughlin, Susan, 2022. “Lessons Learned Interview by Matthew A. Lieber, December 2, 2020."Yale Program on Financial Stability Lessons Learned Oral His-tory Project. Transcript. https://ypfs.som.yale.edu/library/ypfs-lesson-learned-oral-history-project-interview-susan-mclaughlin


Ginnie Mae, "Who We Are: Our History", Government National Mortgage Association (Ginnie Mae) Dec 2020

Ginnie Mae, "Who We Are: Our History", Government National Mortgage Association (Ginnie Mae)

Documents

No abstract provided.


Fixing Financial Data To Assess Systemic Risk, Greg Feldberg Dec 2020

Fixing Financial Data To Assess Systemic Risk, Greg Feldberg

Documents

No abstract provided.


Unsavory Sanitization How Russian Banking Regulators Got Rich On Federal Bailouts. A Joint Investigation By Meduza, Proekt, And Vtimes., Anastasia Yakoreva, Boris Safronov, Roman Badanin Dec 2020

Unsavory Sanitization How Russian Banking Regulators Got Rich On Federal Bailouts. A Joint Investigation By Meduza, Proekt, And Vtimes., Anastasia Yakoreva, Boris Safronov, Roman Badanin

Documents

No abstract provided.


Cash Transfers As A Response To Covid-19: A Randomized Experiment In Kenya, Wyatt Brooks, Kevin Donovan, Terence Johnson, Jackline Oluoch-Aridi Dec 2020

Cash Transfers As A Response To Covid-19: A Randomized Experiment In Kenya, Wyatt Brooks, Kevin Donovan, Terence Johnson, Jackline Oluoch-Aridi

Discussion Papers

We deliver an unconditional cash transfer equal to one month’s average profit to a randomly selected group of Kenyan female microenterprise owners in May 2020 at the outset of exponential growth in COVID-19 cases. Firm profit, inventory spending, and food expenditures increased relative to a control group. Entrepreneurs recovered about one third of the profit lost during the crisis. The transfers caused greater business activity by inducing previously closed businesses to re-open. PPE spending and precautionary management practices increase to mitigate this effect, but only among those who perceive major health risk from COVID-19. The results suggest cash transfers promoted …


A Model Of Sequential Crisis Management, Fei Li, Jidong Zhou Dec 2020

A Model Of Sequential Crisis Management, Fei Li, Jidong Zhou

Cowles Foundation Discussion Papers

We propose a model of how multiple societies respond to a common crisis. A government faces a "damned-either-way" policymaking dilemma: aggressive intervention contains the crisis, but the resulting good outcome makes people skeptical about the costly response; light intervention worsens the crisis and causes the government to be faulted for not doing enough. When multiple societies encounter the crisis sequentially, due to this policymaking dilemma, late societies may underperform despite having more information, while early societies can benefit from a dynamic counterfactual effect.


Bailout Tracker: Chrysler Receivables Spv Llc, Pro Publica Dec 2020

Bailout Tracker: Chrysler Receivables Spv Llc, Pro Publica

Documents

No abstract provided.


Overcoming Discount Window Stigma: An Experimental Investigation, Olivier Armantier, Charles A. Holt Dec 2020

Overcoming Discount Window Stigma: An Experimental Investigation, Olivier Armantier, Charles A. Holt

Documents

No abstract provided.


Sophisticated And Unsophisticated Runs, Marco Cipriani, Gabriele La Spada Dec 2020

Sophisticated And Unsophisticated Runs, Marco Cipriani, Gabriele La Spada

Documents

No abstract provided.


Canadian Public Sector Debt Market Update, Rbc Capital Markets Dec 2020

Canadian Public Sector Debt Market Update, Rbc Capital Markets

Documents

No abstract provided.


Depositors' Trust: Some Empirical Evidence From Indonesia, Halim Alamsyah, Moch. Doddy Ariefianto, Herman Saheruddin, Seto Wardono, Irwan Trinugroho Dec 2020

Depositors' Trust: Some Empirical Evidence From Indonesia, Halim Alamsyah, Moch. Doddy Ariefianto, Herman Saheruddin, Seto Wardono, Irwan Trinugroho

Documents

No abstract provided.


Federal Reserve Lending Programs: Use Of Cares Act-Supported Programs Has Been Limited And Flow Of Credit Has Generally Improved, United States: Government Accountability Office (Gao) Dec 2020

Federal Reserve Lending Programs: Use Of Cares Act-Supported Programs Has Been Limited And Flow Of Credit Has Generally Improved, United States: Government Accountability Office (Gao)

Documents

No abstract provided.


Annual Report - 2020, Fundo Garantidor De Crèditos Dec 2020

Annual Report - 2020, Fundo Garantidor De Crèditos

Documents

No abstract provided.


Term Asset-Backed Securities Loan Facility Rates, Federal Reserve System: Federal Reserve Bank Of New York Dec 2020

Term Asset-Backed Securities Loan Facility Rates, Federal Reserve System: Federal Reserve Bank Of New York

Documents

No abstract provided.


How Would The Magyar Nemzeti Bank's Liquidity And Funding Requirements Have Influenced The Impact Of The 2008 Crisis In Hungary?, Tam¡S Borkó, Evelyn Herbert, Barnab¡S Szèkely, Pèter Szomorjai Dec 2020

How Would The Magyar Nemzeti Bank's Liquidity And Funding Requirements Have Influenced The Impact Of The 2008 Crisis In Hungary?, Tam¡S Borkó, Evelyn Herbert, Barnab¡S Szèkely, Pèter Szomorjai

Documents

No abstract provided.


Usd Auctions, Danmarks Nationalbank Dec 2020

Usd Auctions, Danmarks Nationalbank

Documents

No abstract provided.


Report Of The President's Working Group On Financial Markets: Overview Of Recent Events And Potential Reform Options For Money Market Funds, United States: The White House: President's Working Group On Financial Markets' (Pwg) Dec 2020

Report Of The President's Working Group On Financial Markets: Overview Of Recent Events And Potential Reform Options For Money Market Funds, United States: The White House: President's Working Group On Financial Markets' (Pwg)

Documents

No abstract provided.


Bailout Tracker: Gm Supplier Receivables, Llc, Pro Publica Dec 2020

Bailout Tracker: Gm Supplier Receivables, Llc, Pro Publica

Documents

No abstract provided.


Argentina’S Path To Debt Relief From Private Creditors, Manuel Leon Hoyos Dec 2020

Argentina’S Path To Debt Relief From Private Creditors, Manuel Leon Hoyos

Documents

No abstract provided.


Assessing The Effectiveness Of The Emergency Liquidity Assistance Tool In The Euro Area, Eleftheria Kostika, Nikiforos T. Laopodis Nov 2020

Assessing The Effectiveness Of The Emergency Liquidity Assistance Tool In The Euro Area, Eleftheria Kostika, Nikiforos T. Laopodis

Documents

quantitative study investigating the effect of ELA on sovereign debt and liquidity


Money Market Mutual Fund Liquidity Facility Term Sheet As Of November 30, Federal Reserve System: Board Of Governors Nov 2020

Money Market Mutual Fund Liquidity Facility Term Sheet As Of November 30, Federal Reserve System: Board Of Governors

Documents

Terms and conditions for the MMLF as of November 30, 2020.


The Seventh Report Of The Congressional Oversight Commission, United States: Congressional Oversight Commission Nov 2020

The Seventh Report Of The Congressional Oversight Commission, United States: Congressional Oversight Commission

Documents

No abstract provided.


Federal Reserve Board Announces Extension Through March 31, 2021, For Several Of Its Lending Facilities That Were Generally Scheduled To Expire On Or Around December 31, Federal Reserve System: Board Of Governors Nov 2020

Federal Reserve Board Announces Extension Through March 31, 2021, For Several Of Its Lending Facilities That Were Generally Scheduled To Expire On Or Around December 31, Federal Reserve System: Board Of Governors

Documents

No abstract provided.


Faqs: Commercial Paper Funding Facility (Effective November 30, 2020), Federal Reserve System: Federal Reserve Bank Of New York Nov 2020

Faqs: Commercial Paper Funding Facility (Effective November 30, 2020), Federal Reserve System: Federal Reserve Bank Of New York

Documents

No abstract provided.