New theories to underpin financial reform
Title: New theories to underpin financial reform
Citation: Journal of Financial Stability, 2013, Vol. 9, No. 2, pp. 242-249
ISSN: 1878-0962; 1572-3089
Before 2007, financial crises were not widely studied in economics and finance. The lack of importance ascribed to financial stability and our limited knowledge of this topic were significant contributors to the crisis. This paper suggests five areas where new theories are needed. These are asset price bubbles, central bank checks and balances, global imbalances, banking regulation, and competition in financial services.
Files in this item
There are no files associated with this item.