The financial system -- An overview of financial markets and institutions -- The federal reserve and its powers -- The fed and interest rates -- Bond prices and interest rate risk -- The structure of interest rates -- Financial markets -- Money markets -- Bond markets -- Mortgage markets --...

This paper seeks to review events leading up to the financial crisis of 2008, including the massive government intervention into the U.S. financial markets, and then asks some questions and makes some recommendations about changes in specific areas of business practice and public policy as they...

The heterogeneity of the United States (U.S.) financial markets and complex regulatory and supervisory institutional setup in the United States underscore the importance of enhancing systemic risk oversight and building effective macroprudential tools. An effective framework would encompass...

1. Introduction -- 2. A comparative analysis of the Chinese and the US financial system and its regulatory environment -- 3. China’s deepening integration into global financial markets: lessons from the US counterpart -- 4. Pre- and post-pandemic Sino-US inbound and outbound investments -- 5....

The central problem for financial regulation is reducing systemic risk. Systemic risk is the risk that the failure of one significant institution can cause or significantly contribute to the failure of other significant institutions. This paper addresses the five most important policies for...

Introduction : we the capitalists -- Incentives gone wild -- The return of ownership -- Not with my money -- The new geometry of regulation -- The queen's question -- People's pensions, commonsense banks -- Capitalism : a brief owner's manual