This paper examines the existence of explosive behaviors of public debt in the USA. Using the Supremum Augmented Dickey-Fuller (SADF) and the Generalized SADF tests on data ranging from 1966 to 2018, we show that there is evidence of the beginning and end of several public debt explosiveness in...

"Can we prevent another financial crisis? We can! Break Up the Banks! is a sensible, actionable, and totally accessible call to arms from an acclaimed financial journalist It's been seven years since the financial crisis, but has anyone taken real action to prevent the next one? Former Economist...

The 2007-08 financial crisis has posed substantial challenges for bankers, economists and regulators: was it preventable, and how can such crises be avoided in future? This book addresses these questions. The Financial Crisis and the Regulation of Finance includes a comprehensive overview of the...