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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Basak, Deepal
Muut tekijät: Zhao, Yunhui
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2018.
Sarja:IMF Working Papers; Working Paper ; No. 2018/123
Linkit:Full text available on IMF