companion 发表于 2025-3-25 07:01:00
Regulators as Liquidity Providers of Last Resort,elite interviews, as well as primary and secondary sources, show that regulators’ interventions during the bailout of hedge fund Long-Term Capital Management in 1998, assistance to J.P. Morgan to purchase Bear Stearns in March 2008, and nationalization of Fannie Mae and Freddie Mac in September 2008debble 发表于 2025-3-25 08:59:54
Markets After Lehman,uits, leading to convention uncertainty. Convention uncertainty caused a systemic bank run and flight to quality. Regulators’ interventions restored market confidence that they would serve as deposit guarantors of shadow banking conduits, reducing interbank funding pressures. Their multifaceted resp小卒 发表于 2025-3-25 13:07:49
Conclusions and Extensions,w conventions drove central and shadow banking during the global financial crisis. Policymakers will benefit from considering this book’s conclusions about tailoring crisis responses to the locus of precrisis fragility, building intervention capacity countercyclically, and recognizing the time-inconImmortal 发表于 2025-3-25 18:59:45
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,McCulley’s Warning,study of shadow banking during the global financial crisis. Audiences interested in learning more about Post-Keynesianism, shadow banking, market participants’ views of the global financial crisis, and a heuristic model of forecasting future instability will benefit from reading ..形容词词尾 发表于 2025-3-26 02:31:55
Conventions and Financial Crises,ystems; and (5) elite responses to crises depend on their economic ideas used to diagnose crises and their intervention capacity. Empirical methods include counterfactual analysis, process-tracing, and quantitative techniques via a pathway case study of the global financial crisis with constitutive causal standards.Melatonin 发表于 2025-3-26 06:41:23
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Regulators as Liquidity Providers of Last Resort, created a conventional expectation that regulators would provide deposit insurance to shadow banking conduits. As a result, bank runs were not generalized across all financial institutions prior to the failure of Lehman Brothers, rendering financial risks idiosyncratic rather than systemic.剧毒 发表于 2025-3-26 12:47:15
Book 2018e? What forces trigger financial panics, and why does uncertainty lead to market volatility? How do economic elites respond to financial distress, and why are some regulatory interventions more effective than others? .Social Finance: Shadow Banking during the Global Financial Crisis. answers thesnonchalance 发表于 2025-3-26 19:15:56
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