Narrow search
Showing 1 - 10 of 398
Cover Image
Financial crisis and the paradox of under- and over-regulation
Aizenman, Joshua - 2009
Persistent link: https://www.econbiz.de/10003850280
Cover Image
Financial crisis and the paradox of underregulation and overregulation
Aizenman, Joshua - In: Lessons from East Asia and the global financial crisis …, (pp. 213-234). 2011
Persistent link: https://www.econbiz.de/10009503459
Cover Image
Financial Crisis and the Paradox of Under- and Over-Regulation
Aizenman, Joshua - 2009
This paper illustrates the paradox of prudential under-regulation in an economy that adopts financial reform, a reform … probability of the crisis is updated sequentially applying Bayesian inference. Costly regulation can mitigate the probability of … the crisis. We identify conditions where the regulation level supported by the majority is positive after the reform, but …
Persistent link: https://www.econbiz.de/10012463631
Cover Image
Preventing Currency Crises in Emerging Markets
Aizenman, Joshua (contributor);  … - 2009
Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future of the global financial system. In this timely and important volume, distinguished academics, officials in multilateral organizations,...
Persistent link: https://www.econbiz.de/10014487958
Cover Image
Financial Crisis and the Paradox of Under- and Over-Regulation
Aizenman, Joshua - 2010
This paper illustrates the paradox of prudential under-regulation in an economy that adopts financial reform, a reform … probability of the crisis is updated sequentially applying Bayesian inference. Costly regulation can mitigate the probability of … the crisis. We identify conditions where the regulation level supported by the majority is positive after the reform, but …
Persistent link: https://www.econbiz.de/10013152612
Cover Image
The euro and the global crises : finding the balance between short term stabilization and forward looking reforms
Aizenman, Joshua - 2012
Persistent link: https://www.econbiz.de/10009559888
Cover Image
The euro and the global crises : finding the balance between short term stabilization and forward looking reforms
Aizenman, Joshua - 2012
This paper analyzes reforms and adjustments in the context of the Euro and the global financial crises. Taking the perspective of the evolutionary approach to institutions, the formation of a new currency area is not unidirectional. The process leading to the euro is an example of a common...
Persistent link: https://www.econbiz.de/10009541882
Cover Image
Special issue: The emerging global financial architecture: what's new and what's?
Aizenman, Joshua (contributor); Glick, Reuven (contributor) - 2010
Persistent link: https://www.econbiz.de/10003986893
Cover Image
The Euro and the global crises : finding the balance between short term stabilization and forward looking reforms
Aizenman, Joshua - 2012
This paper analyzes reforms and adjustments in the context of the Euro and the global financial crises. Taking the perspective of the evolutionary approach to institutions, the formation of a new currency area is not unidirectional. The process leading to the euro is an example of a common...
Persistent link: https://www.econbiz.de/10012460521
Cover Image
The Euro and the Global Crises : Finding the Balance between Short Term Stabilization and Forward Looking Reforms
Aizenman, Joshua - 2012
This paper analyzes reforms and adjustments in the context of the Euro and the global financial crises. Taking the perspective of the evolutionary approach to institutions, the formation of a new currency area is not unidirectional. The process leading to the euro is an example of a common...
Persistent link: https://www.econbiz.de/10013104995