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Browsing MWP Lecture Series by Subject "financial crisis"
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Title:The Crisis in Context: Democratic capitalism and its contradictions
Author(s):STREECK, WolfgangDate:2011Type of Publication:OtherSeries/Report no.:EUI MWP LSAbstract:The “financial crisis” and its sequel, the current sovereign debt crisis, appear to be the latest permutations of an old conflict between capitalism and democracy that forcefully reasserted itself after the end of the ...
Title:The Great Moderation, the Great Panic and the Great Contraction
Author(s):BEAN, CharlesDate:2010Type of Publication:Technical ReportSeries/Report no.:EUI MWP LSAbstract:This lecture examines the causes of the recent financial crisis and subsequent recession. On the macroeconomic side, the Great Moderation encouraged an overly optimistic assessment of risk. Combined with low interest rates, ...