Distress selling and asset market feedback
This paper examines the process of distress selling and asset market feedback. It splits this process into several stages, in order to analyse what triggers distress selling, why asset prices fall, and how falling prices generate additional rounds of selling. This framework enables us to understand...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Basel
Bank for Internat. Settlements
2007
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| Schriftenreihe: | BIS working papers
229 |
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Tag hinzufügen | Zusammenfassung: | This paper examines the process of distress selling and asset market feedback. It splits this process into several stages, in order to analyse what triggers distress selling, why asset prices fall, and how falling prices generate additional rounds of selling. This framework enables us to understand and compare models relevant to distress selling from diverse literatures. The paper also considers what policy options are available at each stage to mitigate the adverse economic consequences of distress selling and asset market feedback |
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| Beschreibung: | Internetausg.: http://www.bis.org/publ/work229.pdf |
| Beschreibung: | V, 49 S. graph. Darst. |