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While some economists argued for macro-prudential regulation pre-crisis, the macro-prudential approach and its emphasis on endogenously created systemic risk have only gained prominence post-crisis. Employing discourse and network analysis on samples of the most cited scholarly works on banking...
Persistent link: https://www.econbiz.de/10011474657
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Since the outbreak of the financial crisis, the macro-prudential policy paradigm has gained increasing prominence (Bank of England, 2009; Bernanke, 2011). The dynamics of this shift in the economic discourse, and the reasons this shift has not taken place prior to the crisis have not been addressed...
Persistent link: https://www.econbiz.de/10011478470
Persistent link: https://www.econbiz.de/10011539104
Since the outbreak of the financial crisis, the macro-prudential policy paradigm has gained increasing prominence (Bank of England, 2009; Bernanke, 2011). The dynamics of this shift in the economic discourse, and the reasons this shift has not taken place prior to the crisis have not been addressed...
Persistent link: https://www.econbiz.de/10011477619
In this study we investigate which economic ideas were prevalent in the macroprudential discourse post-crises in order to understand the availability of ideas for reform minded agents. We base our analysis on new findings in the field of ideational shifts and regulatory science, which posit that...
Persistent link: https://www.econbiz.de/10011860338
Persistent link: https://www.econbiz.de/10012652636
In this study we investigate which economic ideas were prevalent in the macroprudential discourse post-crises in order to understand the availability of ideas for reform minded agents. We base our analysis on new findings in the field of ideational shifts and regulatory science, which posit that...
Persistent link: https://www.econbiz.de/10011860306
Persistent link: https://www.econbiz.de/10009510067
Persistent link: https://www.econbiz.de/10010510550