What Have We Learned?, 2014, p.165
2014
Details
- Autor(en) / Beteiligte
- Titel
- Leverage, Financial Stability, and Deflation
- Ist Teil von
- What Have We Learned?, 2014, p.165
- Ort / Verlag
- The MIT Press
- Erscheinungsjahr
- 2014
- Link zum Volltext
- Quelle
- Alma/SFX Local Collection
- Beschreibungen/Notizen
- In 2009, Queen Elizabeth visited the Economics Department of the London School of Economics, discussed the financial crisis, and asked a simple question: “Why did no one see it coming?” It was a good question, but one that could now be expanded, because there were two failures. First, there was a failure to foresee the crisis coming at all—a failure in, say, 2005 or 2006 or 2007 to understand that we were heading toward a major financial crash. There were some notable exceptions. To different degrees, Nouriel Roubini, Raghu Rajan, and Bill White issued some warnings. But on the
- Sprache
- Englisch
- Identifikatoren
- ISBN: 0262027348, 9780262027342DOI: 10.7551/mitpress/10005.003.0017Titel-ID: cdi_jstor_books_j_ctt9qf899_16
- Format
- –
- Schlagworte
- Applied economics, Bank credit, Civil law, Contract law, Contracts, Credit, Debt contracts, Econometrics, Economic conditions, Economic deflation, Economic disciplines, Economic fluctuations, Economic indicators, Economic policy, Economic recessions, Economic stabilization, Economic trends, Economics, Finance, Financial contracts, Financial economics, Financial leverage, Financial management, Governance, Government, Government budgets, Law, Macroeconomic stability, Political science, Price fluctuations, Price levels, Public debt