Christian Hellwig
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Christian Hellwig | |
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Nationality | global games |
Information at IDEAS / RePEc |
Christian Hellwig is a German
Biography
Hellwig obtained a
As an undergraduate he spent time studying abroad at Oberlin College, where he played on the men's basketball team.
He is the son of the economist Martin Hellwig. He is a fellow of the European Economic Association.[2]
Research contribution
Hellwig studied the effects of exogenous and endogenous public information in global coordination games and showed that multiplicity of equilibria is restored under fairly general conditions.
Global coordination games belong to a subfield of
Hellwig studied the effects of exogenous public information in global coordination games and showed that this may restore multiplicity under fairly general conditions (Hellwig, 2002).[5] Hellwig and co-authors (2006) address the concern by Atkeson (2001) by considering a more explicit market structure and model the public information endogenously as an interest rate signal.[6] They show that equilibrium multiplicity may be restored by the endogenous public signal, provided that private information is sufficiently precise, which coincides with the findings by Angeletos and Werning (2006).[7]
References
- ^ Hellwig, Christian (2003). Money, intermediation and coordination in decentralised markets (phd thesis). London School of Economics and Political Science (United Kingdom).
- ^ "Fellows | EEA". www.eeassoc.org. Retrieved 2021-03-23.
- JSTOR 116850.
- ^ Atkeson, Andrew G. (2001). "Rethinking Multiple Equilibria in Macroeconomic Modeling: Comment". In Bernanke, Ben S.; Rogoff, Kenneth (eds.). NBER Macroeconomics Annual 2000. Cambridge, MA: MIT Press. pp. 162–71.
- .
- .
- hdl:1721.1/63311.