Guillermo L. Ordonez

Names

Identifer

Contact

Affiliations

• University of Pennsylvania / Department of Economics
  • EDIRC entry
  • location:

Research profile

author of:

• Collateral Crises
  American Economic Review, American Economic Association (2014)
  by Gary Gorton & Guillermo Ordo?ez
  (ReDIF-article, aea:aecrev:v:104:y:2014:i:2:p:343-78)
• Banks as Secret Keepers
  American Economic Review, American Economic Association (2017)
  by Tri Vi Dang & Gary Gorton & Bengt Holmström & Guillermo Ordoñez
  (ReDIF-article, aea:aecrev:v:107:y:2017:i:4:p:1005-29)
• Sustainable Shadow Banking
  American Economic Journal: Macroeconomics, American Economic Association (2018)
  by Guillermo Ordoñez
  (ReDIF-article, aea:aejmac:v:10:y:2018:i:1:p:33-56)
• Fighting Crises with Secrecy
  American Economic Journal: Macroeconomics, American Economic Association (2020)
  by Gary Gorton & Guillermo Ordoñez
  (ReDIF-article, aea:aejmac:v:12:y:2020:i:4:p:218-45)
• Sovereign Debt Auctions in Turbulent Times
  AEA Papers and Proceedings, American Economic Association (2022)
  by Harold Cole & Daniel Neuhann & Guillermo Ordoñez
  (ReDIF-article, aea:apandp:v:112:y:2022:p:526-30)
• Unknown item RePEc:bla:ecpoli:v:18:y:2003:i:37:p:315-356 (article)
• Political Booms, Financial Crises
  CESifo Working Paper Series, CESifo (2014)
  by Helios Herrera & Guillermo Ordonez & Christoph Trebesch
  (ReDIF-paper, ces:ceswps:_4935)
• Propagación de información entre países
  Journal Economía Chilena (The Chilean Economy), Central Bank of Chile (2017)
  by Kyriakos Chousakos & Gary Gorton & Guillermo Ordoñez
  (ReDIF-article, chb:bcchec:v:20:y:2017:i:2:p:090-127)
• Global Information Spillovers
  Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2018)
  by Kyriakos Chousakos & Gary Gorton & Guillermo Ordoñez
  (ReDIF-chapter, chb:bcchsb:v25c05pp137-181)
• Essays on Learning and Macroeconomics
  Levine's Working Paper Archive, David K. Levine (2008)
  by Guillermo Ordonez
  (ReDIF-paper, cla:levarc:122247000000002250)
• Don't Ask Why Things Went Wrong: Nested Reputation and Scapegoating Inefficiency
  Levine's Working Paper Archive, David K. Levine (2005)
  by Guillermo Ordonez
  (ReDIF-paper, cla:levarc:618897000000000988)
• Financial Liberalization: Does It Pay to Join the Party?
  Economía Journal, The Latin American and Caribbean Economic Association - LACEA (2002)
  by Arturo J. Galindo & Alejandro Micco & Guillermo Ordoñez
  (ReDIF-article, col:000425:008686)
• Optimal Regulation in the Presence of Reputation Concerns
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2014)
  by Atkeson, Andy & Ordoñez, Guillermo & Hellwig, Christian
  (ReDIF-paper, cpr:ceprdp:10080)
• Retirement in the Shadow (Banking)
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018)
  by Piguillem, Facundo & Ordoñez, Guillermo
  (ReDIF-paper, cpr:ceprdp:13144)
• Savings Rates: Up or Down?
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
  by Piguillem, Facundo & Ordoñez, Guillermo
  (ReDIF-paper, cpr:ceprdp:14662)
• EMU effect on Trade: What’s in it for the UK?
  Econometric Society 2004 Latin American Meetings, Econometric Society (2004)
  by Guillermo Ordoñez & Alejandro Micco & Ernesto Stein
  (ReDIF-paper, ecm:latm04:324)
• Leverage dynamics and credit quality
  Journal of Economic Theory, Elsevier (2019)
  by Ordoñez, Guillermo & Perez-Reyna, David & Yogo, Motohiro
  (ReDIF-article, eee:jetheo:v:183:y:2019:i:c:p:183-212)
• Confidence banking and strategic default
  Journal of Monetary Economics, Elsevier (2018)
  by Ordoñez, Guillermo
  (ReDIF-article, eee:moneco:v:100:y:2018:i:c:p:101-113)
• The supply and demand for safe assets
  Journal of Monetary Economics, Elsevier (2022)
  by Gorton, Gary & Ordoñez, Guillermo
  (ReDIF-article, eee:moneco:v:125:y:2022:i:c:p:132-147)
• Which workers get insurance within the firm?
  Journal of Monetary Economics, Elsevier (2011)
  by Lagakos, David & Ordoñez, Guillermo L.
  (ReDIF-article, eee:moneco:v:58:y:2011:i:6:p:632-645)
• Uncertainty as commitment
  Journal of Monetary Economics, Elsevier (2016)
  by Nosal, Jaromir B. & Ordoñez, Guillermo
  (ReDIF-article, eee:moneco:v:80:y:2016:i:c:p:124-140)
• Network reactions to banking regulations
  Journal of Monetary Economics, Elsevier (2017)
  by Erol, Selman & Ordoñez, Guillermo
  (ReDIF-article, eee:moneco:v:89:y:2017:i:c:p:51-67)
• Retirement in the Shadow (Banking)
  EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2017)
  by Guillermo Ordoñez & Facundo Piguillem
  (ReDIF-paper, eie:wpaper:1714)
• Saving Rates and Savings Ratios
  EIEF Working Papers Series, Einaudi Institute for Economics and Finance (EIEF) (2021)
  by Guillermo Ordoñez & Facundo Piguillem
  (ReDIF-paper, eie:wpaper:2116)
• Larger crises, slower recoveries: the asymmetric effects of financial frictions
  Staff Report, Federal Reserve Bank of Minneapolis (2009)
  by Guillermo Ordoñez
  (ReDIF-paper, fip:fedmsr:429)
• Reputation from nested activities: the inefficient effects of scapegoating
  Staff Report, Federal Reserve Bank of Minneapolis (2009)
  by Guillermo Ordoñez
  (ReDIF-paper, fip:fedmsr:430)
• Fragility of reputation and clustering of risk-taking
  Staff Report, Federal Reserve Bank of Minneapolis (2009)
  by Guillermo Ordoñez
  (ReDIF-paper, fip:fedmsr:431)
• Optimal regulation in the presence of reputation concerns
  Staff Report, Federal Reserve Bank of Minneapolis (2012)
  by Andrew Atkeson & Christian Hellwig & Guillermo Ordoñez
  (ReDIF-paper, fip:fedmsr:464)
• Collateral Crises
  IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2011)
  by Gary Gorton & Guillermo Ordonez
  (ReDIF-paper, ime:imedps:11-e-25)
• Political Booms, Financial Crises
  Discussion Papers in Economics, University of Munich, Department of Economics (2014)
  by Herrera, Helios & Ordoñez, Guillermo & Trebesch, Christoph
  (ReDIF-paper, lmu:muenec:21265)
• Uncertainty as commitment
  NBP Working Papers, Narodowy Bank Polski (2013)
  by Jaromir Nosal & Guillermo Ordoñez
  (ReDIF-paper, nbp:nbpmis:141)
• Collateral Crises
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by Gary B. Gorton & Guillermo Ordonez
  (ReDIF-paper, nbr:nberwo:17771)
• Optimal Regulation in the Presence of Reputation Concerns
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by Andrew Atkeson & Christian Hellwig & Guillermo Ordonez
  (ReDIF-paper, nbr:nberwo:17898)
• The Asymmetric Effects of Financial Frictions
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:18360)
• The Supply and Demand for Safe Assets
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Gary B. Gorton & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:18732)
• Uncertainty as Commitment
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Jaromir Nosal & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:18766)
• Sustainable Shadow Banking
  NBER Working Papers, National Bureau of Economic Research, Inc (2013)
  by Guillermo Ordonez
  (ReDIF-paper, nbr:nberwo:19022)
• Banks as Secret Keepers
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Tri Vi Dang & Gary Gorton & Bengt Holmström & Guillermo Ordonez
  (ReDIF-paper, nbr:nberwo:20255)
• Political Booms, Financial Crises
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Helios Herrera & Guillermo Ordoñez & Christoph Trebesch
  (ReDIF-paper, nbr:nberwo:20346)
• Good Booms, Bad Booms
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Gary Gorton & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:22008)
• Information Spillovers in Sovereign Debt Markets
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Harold Cole & Daniel Neuhann & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:22330)
• Fighting Crises
  NBER Working Papers, National Bureau of Economic Research, Inc (2016)
  by Gary Gorton & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:22787)
• A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Harold Cole & Daniel Neuhann & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:24890)
• Retirement in the Shadow (Banking)
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Guillermo Ordoñez & Facundo Piguillem
  (ReDIF-paper, nbr:nberwo:26337)
• The Macroprudential Role of Stock Markets
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Kyriakos T. Chousakos & Gary B. Gorton & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:27113)
• Savings and Saving Rates: Up or Down?
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Guillermo Ordoñez & Facundo Piguillem
  (ReDIF-paper, nbr:nberwo:27179)
• Interbank Networks in the Shadows of the Federal Reserve Act
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Haelim Anderson & Selman Erol & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:27721)
• The Collateral Link between Volatility and Risk Sharing
  NBER Working Papers, National Bureau of Economic Research, Inc (2020)
  by Sebastian Infante & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:28119)
• Asymmetric Information and Sovereign Debt: Theory Meets Mexican Data
  NBER Working Papers, National Bureau of Economic Research, Inc (2021)
  by Harold L. Cole & Daniel Neuhann & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:28459)
• The Two Faces of Information
  NBER Working Papers, National Bureau of Economic Research, Inc (2021)
  by Gaetano Gaballo & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:28489)
• Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis
  NBER Working Papers, National Bureau of Economic Research, Inc (2022)
  by Harold L. Cole & Daniel Neuhann & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:30216)
• Information Dynamics and Macro Fluctuations
  NBER Working Papers, National Bureau of Economic Research, Inc (2023)
  by Kyriakos T. Chousakos & Gary B. Gorton & Guillermo Ordoñez
  (ReDIF-paper, nbr:nberwo:31514)
• Deceptive Redistribution
  Working Papers, University of Notre Dame, Department of Economics (2012)
  by Simeon Alder & Guillermo Ordonez
  (ReDIF-paper, nod:wpaper:017)
• The currency union effect on trade: early evidence from EMU
  [‘A theoretical foundation for the gravity equation’]
  Economic Policy, CEPR;CES;MSH (2003)
  by Alejandro Micco & Ernesto Stein & Guillermo Ordoñez
  (ReDIF-article, oup:ecpoli:v:18:y:2003:i:37:p:315-356.)
• Good Booms, Bad Booms
  Journal of the European Economic Association, European Economic Association (2020)
  by Gary Gorton & Guillermo Ordoñez
  (ReDIF-article, oup:jeurec:v:18:y:2020:i:2:p:618-665.)
• Optimal Regulation in the Presence of Reputation Concerns
  The Quarterly Journal of Economics, Oxford University Press (2015)
  by Andrew Atkeson & Christian Hellwig & Guillermo Ordoñez
  (ReDIF-article, oup:qjecon:v:130:y:2015:i:1:p:415-464)
• Crises and Productivity in Good Booms and in Bad Booms
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014)
  by Gary Gorton & Guillermo Ordonez
  (ReDIF-paper, pen:papers:14-008)
• Banks as Secret Keepers
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014)
  by Tri Vi Dang & Gary Gorton & Beng Holmstrom & Guillermo Ordonez
  (ReDIF-paper, pen:papers:14-022)
• Political Booms, Financial Crises
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014)
  by Helios Herrera & Guillermo Ordoñez & Christoph Trebesch
  (ReDIF-paper, pen:papers:14-024)
• How Central Banks End Crises
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2014)
  by Gary B. Gorton & Guillermo L. Ordoñez
  (ReDIF-paper, pen:papers:14-025)
• A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2017)
  by Harold L. Cole & Daniel Neuhann & Guillermo Ordonez
  (ReDIF-paper, pen:papers:17-015)
• Corona Politics:The cost of mismanaging pandemics
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020)
  by Helios Herrera & Maximilian Konradt & Guillermo Ordonez & Christoph Trebesch
  (ReDIF-paper, pen:papers:20-033)
• Information Spillovers in Sovereign Debt Markets
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020)
  by Harold Cole & Daniel Neuhann & Guillermo Ordonez
  (ReDIF-paper, pen:papers:21-011)
• Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis
  PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2022)
  by Harold Cole & Daniel Neuhann & Guillermo Ordonez
  (ReDIF-paper, pen:papers:22-017)
• Online Appendix to "Deceptive Redistribution"
  Online Appendices, Review of Economic Dynamics (2016)
  by Simeon Alder & Guillermo Ordonez
  (ReDIF-paper, red:append:14-175)
• Code and data files for "Saving Rates and Savings Ratios"
  Computer Codes, Review of Economic Dynamics (2021)
  by Guillermo Ordonez & Facundo Piguillem
  (ReDIF-software, red:ccodes:20-319)
• Deceptive Redistribution
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2016)
  by Simeon Alder & Guillermo Ordonez
  (ReDIF-article, red:issued:14-175)
• Saving Rates and Savings Ratios
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2022)
  by Guillermo Ordonez & Facundo Piguillem
  (ReDIF-article, red:issued:20-319)
• Slow(er) boom, sudden crash: Asymmetry on lending rates and financial frictions
  2006 Meeting Papers, Society for Economic Dynamics (2006)
  by Guillermo Ordonez
  (ReDIF-paper, red:sed006:529)
• Fragility of Reputation and Clustering in Risk Taking
  2008 Meeting Papers, Society for Economic Dynamics (2008)
  by Guillermo Ordonez
  (ReDIF-paper, red:sed008:441)
• Why Are Wages Smoother Than Productivity? An Industry-Level Analysis
  2008 Meeting Papers, Society for Economic Dynamics (2008)
  by Guillermo Ordonez & David Lagakos
  (ReDIF-paper, red:sed008:936)
• Optimal Regulation in the Presence of Reputation Concerns
  2009 Meeting Papers, Society for Economic Dynamics (2009)
  by Guillermo Ordonez & Andrew Atkeson
  (ReDIF-paper, red:sed009:830)
• Confidence Banking
  2010 Meeting Papers, Society for Economic Dynamics (2010)
  by Guillermo L. Ordonez
  (ReDIF-paper, red:sed010:310)
• Deceptive Redistribution
  2011 Meeting Papers, Society for Economic Dynamics (2011)
  by Guillermo L. Ordoñez & Simeon D. Alder
  (ReDIF-paper, red:sed011:1140)
• Collateral Crises
  2011 Meeting Papers, Society for Economic Dynamics (2011)
  by Guillermo Ordonez & Gary Gorton
  (ReDIF-paper, red:sed011:569)
• Confusion as Commitment
  2012 Meeting Papers, Society for Economic Dynamics (2012)
  by Guillermo Ordonez & Jaromir Nosal
  (ReDIF-paper, red:sed012:1026)
• Secret Keeping Intermediaries
  2012 Meeting Papers, Society for Economic Dynamics (2012)
  by Guillermo Ordonez & Gary Gorton & Tri Vi Dang
  (ReDIF-paper, red:sed012:402)
• Debt: Deleveraging or Default
  2013 Meeting Papers, Society for Economic Dynamics (2013)
  by Motohiro Yogo & David Perez-Reyna & Guillermo Ordonez
  (ReDIF-paper, red:sed013:139)
• Political Booms, Financial Crises
  2013 Meeting Papers, Society for Economic Dynamics (2013)
  by Guillermo Ordonez & Christoph Trebesch & Helios Herrera
  (ReDIF-paper, red:sed013:224)
• Debt Crises: For Whom the Bell Tolls
  2014 Meeting Papers, Society for Economic Dynamics (2014)
  by Guillermo Ordonez & Daniel Neuhann & Harold Cole
  (ReDIF-paper, red:sed014:1245)
• Retirement in the Shadow (Banking)
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Facundo Piguillem & Guillermo Ordonez
  (ReDIF-paper, red:sed015:1200)
• Good Booms, Bad Booms
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Guillermo Ordonez & Gary Gorton
  (ReDIF-paper, red:sed015:292)
• How Central Banks End Crises
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Guillermo Ordonez & Gary Gorton
  (ReDIF-paper, red:sed016:356)
• Network Reactions to Banking Regulations
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Guillermo Ordonez & Selman Erol
  (ReDIF-paper, red:sed017:1125)
• A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Guillermo Ordonez & Daniel Neuhann & Harold Cole
  (ReDIF-paper, red:sed017:787)
• The Two Faces of Information
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Guillermo Ordonez & Gaetano Gaballo
  (ReDIF-paper, red:sed017:811)
• Aggregate Information Dynamics
  2018 Meeting Papers, Society for Economic Dynamics (2018)
  by Kyriakos Chousakos & Gary Gorton & Guillermo Ordonez
  (ReDIF-paper, red:sed018:167)
• The Effects of Imposing a Central Counterparty in a Network
  2019 Meeting Papers, Society for Economic Dynamics (2019)
  by Pablo D'Erasmo & Guillermo Ordonez & Selman Erol
  (ReDIF-paper, red:sed019:1252)
• Interbank Networks in the Shadows of the Federal Reserve Act
  2019 Meeting Papers, Society for Economic Dynamics (2019)
  by Haelim Anderson & Guillermo Ordonez & Selman Erol
  (ReDIF-paper, red:sed019:1285)
• Reputation from nested activities
  Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET) (2013)
  by Guillermo Ordoñez
  (ReDIF-article, spr:joecth:v:52:y:2013:i:3:p:915-940)
• Fragility of reputation and clustering of risk-taking
  Theoretical Economics, Econometric Society (2013)
  by , L.
  (ReDIF-article, the:publsh:1207)
• The Asymmetric Effects of Financial Frictions
  Journal of Political Economy, University of Chicago Press (2013)
  by Guillermo Ordoñez
  (ReDIF-article, ucp:jpolec:doi:10.1086/673886)
• Political Booms, Financial Crises
  Journal of Political Economy, University of Chicago Press (2020)
  by Helios Herrera & Guillermo Ordoñez & Christoph Trebesch
  (ReDIF-article, ucp:jpolec:doi:10.1086/704544)
• Asymmetric Information and Sovereign Debt: Theory Meets Mexican Data
  Journal of Political Economy, University of Chicago Press (2022)
  by Harold Cole & Daniel Neuhann & Guillermo Ordoñez
  (ReDIF-article, ucp:jpolec:doi:10.1086/720139)
• Corona politics: The cost of mismanaging pandemics
  Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2020)
  by Herrera, Helios & Konradt, Maximilian & Ordoñez, Guillermo & Trebesch, Christoph
  (ReDIF-paper, zbw:ifwkwp:2165)