Does Financial Tranquility Call for Stringent Regulation?

Does Financial Tranquility Call for Stringent Regulation?
Consistent with the Minsky hypothesis and the “volatility paradox” (Brunnermeier and Sannikov, 2014), recent empirical evidence suggests that financial crises tend to follow prolonged periods of financial stability and investor optimism. But does financial tranquility always call for more stringent regulation over time? We examine this question... READ MORE...

Publication date: May 2018
ISBN 9781484357996
$18.00

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