Financial market failures: searching for lessons, not scapegoats.  

Oleh:

Caprio, Gerard ; Demirguc-Kunt, Asli ; Kane, Edward J.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: World Bank Research Digest vol. 3 no. 02 (2009), page 03.
Topik: Financial Crisis;

Ketersediaan

Perpustakaan PKPM Nomor Panggil: W81 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

Good regulatory design requires attentions to incentives. The current financial crisis, occuring during a period of strong world macroeconomic growth and low interest rates, appears to have surprises financiers and regulators alike. The turbulance was triggered by a sudden and widespread loss of confidence in securitization and financial engineering and by the failure of respected statistical models for assessing and pricing credit risk.

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