From cash-in-the-market pricing to financial fragility

Franklin Allen, Douglas Gale

    Research output: Contribution to journalArticlepeer-review


    We review some recent research that explores the relationship between asset-price volatility and financial fragility when markets and contracts are incomplete.

    Original languageEnglish (US)
    Pages (from-to)535-546
    Number of pages12
    JournalJournal of the European Economic Association
    Issue number2-3
    StatePublished - 2005

    ASJC Scopus subject areas

    • Economics, Econometrics and Finance(all)


    Dive into the research topics of 'From cash-in-the-market pricing to financial fragility'. Together they form a unique fingerprint.

    Cite this