NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Great Recession: A Self-Fulfilling Global Panic

Philippe Bacchetta, Eric van Wincoop

NBER Working Paper No. 19062
Issued in May 2013

---- Acknowledgements -----

We gratefully acknowledge financial support from the National Science Foundation (grant SES-0649442), the Bankard Fund for Political Economy, the Hong Kong Institute for Monetary Research, the National Centre of Competence in Research "Financial Valuation and Risk Management" (NCCR FINRISK), and the ERC Advanced Grant #269573. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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