Now showing items 1-3 of 3

  • Contracting over Prices 

    Chatterji, Shurojit; Ghosal, Sayantan (University of GlasgowSingapore Management University, 2013)
    We defi ne a solution concept, perfectly contracted equilibrium, for an intertemporal exchange economy where agents are simultaneously price takers in spot commodity markets while engaging in non-Walrasian contracting ...
  • Liquidity, moral hazard and bank crises 

    Chatterji, Shurojit; Ghosal, Sayantan (University of GlasgowSingapore Management University, 2013)
    Bank crises, by interrupting liquidity provision, have been viewed as resulting in welfare losses. In a model of banking with moral hazard, we show that second best bank contracts that improve on autarky ex ante require ...
  • Unilateral Emissions Mitigation, Spillovers, and Global Learning 

    Chatterji, Shurojit; Ghosal, Sayantan; Walsh, Sean; Whalley, John (University of GlasgowSingapore Management UniversityUniversity of Western OntarioUniversity of Western Ontario, 2013)
    What's the role of unilateral measures in global climate change mitigation in a post-Durban, post 2012 global policy regime? We argue that under conditions of preference heterogeneity, unilateral emissions mitigation at ...

Copyright © 2015 SIRE - All Rights Reserved