Financial fragility and information design

被引：1

作者：

Fan, Zhongjie ^{[1
]}

Tang, Dunzhe ^{[2
,3
]}

机构：

[1] Univ Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R China

[2] Fudan Univ, Fanhai Int Sch Finance, Shanghai, Peoples R China

[3] 14F Harbour Ring Plaza,18 Middle Xizang Rd Dist, Shanghai 200001, Peoples R China

来源：

ECONOMICS LETTERS | 2023年 / 232卷

关键词：

Financial fragility; Information design;

D O I：

10.1016/j.econlet.2023.111356

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Financial fragility as a macro market attribute directly affects participants' micro decisions. We study how government can achieve market prosperity through selectively inform participants on economy state. We find that government's optimal information design is correlated with financial contagion and risk-sharing.(c) 2023 Elsevier B.V. All rights reserved.

引用

页数：4

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