Engineering the Financial Crisis : : Systemic Risk and the Failure of Regulation /

Engineering the Financial Crisis : : Systemic Risk and the Failure of Regulation / / Wladimir Kraus, Jeffrey Friedman.

Show other versions (1)

The financial crisis has been blamed on reckless bankers, irrational exuberance, government support of mortgages for the poor, financial deregulation, and expansionary monetary policy. Specialists in banking, however, tell a story with less emotional resonance but a better correspondence to the evid...

Full description

Saved in:
Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Penn Press eBook Package Complete Collection
VerfasserIn:
Friedman, Jeffrey,
Kraus, Wladimir,
Place / Publishing House:Philadelphia : : University of Pennsylvania Press, , [2011]
©2012
Year of Publication:2011
Language:English
Online Access:
Physical Description:1 online resource (224 p.) :; 13 illus.
Tags: Add Tag
No Tags, Be the first to tag this record!
Table of Contents:
  • Frontmatter
  • CONTENTS
  • List of Figures and Tables
  • Glossary of Abbreviations and Acronyms
  • Introduction
  • 1. Bonuses, Irrationality, and Too-Bigness: The Conventional Wisdom About the Financial Crisis and Its Theoretical Implications
  • 2. Capital Adequacy Regulations and the Financial Crisis: Bankers' and Regulators' Errors
  • 3. The Interaction of Regulations and the Great Recession: Fetishizing Market Prices
  • 4. Capitalism and Regulation: Ignorance, Heterogeneity, and Systemic Risk
  • Conclusion
  • Appendix I. Scholarship About the Corporate-Compensation Hypothesis
  • Appendix II. The Basel Rules off the Balance Sheet
  • Notes
  • References
  • Index
  • Acknowledgments

Similar Items