Volume 5, Issue 4

Strategic Trading in Multiple Assets and the Effects on Market Volatility

Chenghuan Sean Chu, Andreas Lehnert and Wayne Passmore

When Everyone Runs for the Exit

Lasse Pedersen

Introduction

Douglas Gale, Rafael Repullo, Til Schuermann and Frank Smets

Interbank Lending, Credit-Risk Premia, and Collateral

Florian Heider and Marie Hoerova

Liquidity, Moral Hazard, and Interbank Market Collapse

Enisse Kharroubi and Edouard Vidon

Credit, Asset Prices, and Financial Stress

Miroslav Misina and Greg Tkacz

Prices and Quantities in the Monetary Policy Transmission Mechanism

Tobias Adrian and Hyun Song Shin