Distress selling and asset market feedback

LDR 02222 am a2200421La 4500
001 010575416
003 MiAaHDL
005 20110628000000.0
006 m d
007 cr bn ---auaua
007 cr||||||||||||
008 071018s2007 sz a f ab i000 0 eng d
010 ‡a 2007619402
029 0 ‡aNZ1 ‡b11532740
035 ‡asdr-inu7515943
035 ‡a(OCoLC)175286096
040 ‡aNz ‡cUW1 ‡dDLC ‡dNDD
050 0 0 ‡aHG3879
050 4 ‡aHG3881 ‡b.S516 2007
082 0 4 ‡a330.015195 ‡222
100 1 ‡aShim, Ilhyock.
245 1 0 ‡aDistress selling and asset market feedback / ‡cby Ilhyock Shim and Goetz von Peter.
260 ‡aBasel, Switzerland : ‡bBank for International Settlements, ‡c[2007]
300 ‡a49 p. : ‡bill. ; ‡c30 cm.
490 0 ‡aBIS working papers, ‡x1020-0959 ; ‡vno. 229
500 ‡a"June 2007."
500 ‡a"Monetary and Economic Department."
504 ‡aIncludes bibliographical references (p. 42-49).
520 3 ‡aThis 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.
530 ‡aAlso available on the World Wide Web.
538 ‡aMode of access: Internet.
538 ‡aMode of access: World Wide Web.
538 ‡aSystem requirements: Adobe Acrobat Reader.
650 0 ‡aCapital assets pricing model.
650 0 ‡aPrices ‡xEconometric models.
653 ‡aFinancial distress ; ‡aDistress selling ; ‡aAsset market feedback ; ‡aBanking crises ; ‡aFinancial instability
700 1 ‡aVon Peter, Goetz.
710 2 ‡aBank for International Settlements. ‡bMonetary and Economic Dept.
CID ‡a010575416
DAT 0 ‡a20110628081807.0 ‡b20110628000000.0
DAT 1 ‡a20120814120435.0 ‡b2024-01-26T18:30:29Z
CAT ‡aSDR-INU ‡dUNKNOWN ‡lloader.pl-001-001
FMT ‡aBK
HOL ‡0sdr-inu7515943 ‡ainu ‡bSDR ‡cINU ‡pinu.30000035116742 ‡sINU ‡17515943
974 ‡bINU ‡cINU ‡d20240126 ‡sgoogle ‡uinu.30000035116742 ‡y2007 ‡ric ‡qbib ‡tnon-US bib date1 >= 1930