机构:
Univ Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R ChinaUniv Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R China
Fan, Zhongjie
[1
]
Tang, Dunzhe
论文数: 0引用数: 0
h-index: 0
机构:
Fudan Univ, Fanhai Int Sch Finance, Shanghai, Peoples R China
14F Harbour Ring Plaza,18 Middle Xizang Rd Dist, Shanghai 200001, Peoples R ChinaUniv Int Business & Econ, Sch Banking & Finance, Beijing, Peoples R China
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
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.