Exact(6)
He called for more curbs on big banks, possibly including trimming their size, and he warned that otherwise we're on a path of "increasingly frequent, complex and dangerous financial breakdowns".
Markus Brunnermeier of Princeton University, who is on INET's advisory board, is trying to incorporate a richer model of financial breakdowns into a fairly standard macroeconomic model with the help of Yuliy Sannikov of the University of California, Berkeley.
– financial breakdowns.161,162.161,162
In the past two decades, 150 major financial breakdowns have affected 130 countries in which central banks have actively used their lender-of-last-resort facilities.
Climate disruption, energy shortages, financial breakdowns, and other critical trends will overtake us long before we can make a sweeping overhaul in the design and functioning of cities and towns that have been a century or more in the making.
So, our interpretation of the study is that, amongst others, also psychological mechanisms exist that can help us understand some aspects of financial breakdowns.
Similar(50)
Not every change wrought by the financial breakdown will be reversed.
The Chinese operation, China United Telecommunications, known as China Unicom, did not provide a financial breakdown.
Over time, however, the role of international capital in spreading financial breakdown across borders has been growing.
A financial breakdown could do lasting damage to the growth in potential output as well as to its level.
Like most government fiscal crises, the problems of Nassau County resulted from a political rather than financial breakdown.
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