Engineering the financial crisis : systemic risk and the failure of regulation /
This study examines the role of the Basel Accords--a set of international standards regulating bank capital--in the global financial crisis. It argues that because the accords were so widely adopted, they effectively homogenized the banking industry, increasing the systemic risk they were intended t...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Otros Autores: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Philadelphia :
University of Pennsylvania Press,
©2011.
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Edición: | 1st ed. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Bonuses, irrationality, and too bigness : the conventional wisdom about the financial crisis and its theoretical implications
- Capital adequacy regulations and the financial crisis : bankers' and regulators' errors
- The interaction of regulations and the great recession : fetishizing market prices
- Capitalism and regulation : ignorance, heterogeneity, and systemic risk.