Fire Sales and the Financial Accelerator

30 Pages Posted: 21 Jun 2010

See all articles by Woon Gyu Choi

Woon Gyu Choi

International Monetary Fund (IMF); The Bank of Korea; Bank of Korea - Economic Research Institute

David E. Cook

Hong Kong University of Science & Technology (HKUST) - Department of Economics; Hong Kong University of Science & Technology (HKUST) - Department of Economics

Date Written: June 2010

Abstract

Keywords: Asset liquidation, Business cycles, Liquidity, Bankruptcy, Monetary policy, Risk premium

Suggested Citation

Choi, Woon Gyu and Cook, David E., Fire Sales and the Financial Accelerator (June 2010). IMF Working Paper No. 10/141, Available at SSRN: https://ssrn.com/abstract=1627076

Woon Gyu Choi

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

The Bank of Korea ( email )

110, 3-Ga, Namdaemunno, Jung-Gu
Seoul 100-794, 100-794

Bank of Korea - Economic Research Institute ( email )

110, 3-Ga, Namdaemunno, Jung-Gu
Seoul 100-794
Korea, Republic of (South Korea)

David E. Cook

Hong Kong University of Science & Technology (HKUST) - Department of Economics ( email )

Clear Water Bay
Kowloon, Hong Kong
China
2538 7614 (Phone)

Hong Kong University of Science & Technology (HKUST) - Department of Economics ( email )

Clear Water Bay
Kowloon, Hong Kong
China
2538 7614 (Phone)

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