Author

Contributions

  • Peter, Goetz von. - Contributor
  • Bank for International Settlements. Monetary and Economic Dept. - Contributor

Publication

2007 - Bank for International Settlements, Basel, Switzerland, Switzerland

Language

English

Word Count

0 words, Guess

Page Count

0 pages

Physical Format

Electronic resource

Identifiers

Classifications

  • LCCHG3879

Description

This 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.

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