Toggle topbar
北京大学国家发展研究院

教学项目

sidenav header background
sidenav background

[11月7日]发展经济学workshop

发布日期：2018-10-31 11:09    来源：北京大学国家发展研究院

时间：2018年11月7日（周三）14：00-15：30
地点：北大国发院/中国经济研究中心小教室
主持人：张晓波、李力行、席天扬
主讲人：Keeyoung Rhee

题目：Bailout Stigma
作者：Yeon-Koo Che, Chongwoo Choe, Keeyoung Rhee
摘要：We develop a model of bailout stigma where accepting bailouts may signal firms’ financial troubles and weaken their subsequent funding capabilities. Bailout stigma can lead to low or even no take-up of otherwise attractive bailout offers, the failure of market revival, or a government having to pay a hefty premium to support market revival. Nonetheless, the stigma has a salutary effect: by refusing to accept bailouts, firms may rehabilitate their market perceptions, thereby improving their subsequent financing. Secret bailouts may not eliminate bailout stigma, but secrecy accompanied by restrictions on early market revival removes the stigma and achieves constrained efficiency.

个人简介（详见附件）: Keeyoung Rhee is a research fellow of Korea Development Institute (KDI) from 2015. He received his Ph.D. in Economics from Columbia University in 2015. His fields of interest are Applied Microeconomic Theory, Financial Economics, Political Economy.

Keeyoung_Rhee_CV


朗润

国家发展研究院官方微信

国家发展研究院官方微信
点击关注点击关注

相关链接

Copyright© 1994-2012 北京大学 国家发展研究院 版权所有, 京ICP备05065075号-1
保留所有权利，不经允许请勿挪用