PSN: Response to Financial Crisis (Comparative - Monetary) (Topic)最新文献_第5页

Derivatives in the Wake of Disintermediation: A Simultaneous Equations Model of Commercial and Industrial Lending and the Use of Derivatives by US Banks 非中介化后的衍生品:美国银行工商业贷款和衍生品使用的联立方程模型

PSN: Response to Financial Crisis (Comparative - Monetary) (Topic) Pub Date : 2011-01-30 DOI: 10.1504/IJBAAF.2012.051618

Dawood Ashraf, J. Goddard

引用次数: 15

The European Deposit Guarantee Directive: An Appraisal of the Reforms 欧洲存款担保指令:改革评估

PSN: Response to Financial Crisis (Comparative - Monetary) (Topic) Pub Date : 2009-09-01 DOI: 10.4324/9781003122876-10

Dalvinder Singh, David K. Walker

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引用次数: 5

How the Crisis Has Changed the Economic Policy Paradigm 危机如何改变了经济政策范式

PSN: Response to Financial Crisis (Comparative - Monetary) (Topic) Pub Date : 2009-06-01 DOI: 10.2139/ssrn.1658234

Scott T. Fullwiler

{"title":"How the Crisis Has Changed the Economic Policy Paradigm","authors":"Scott T. Fullwiler","doi":"10.2139/ssrn.1658234","DOIUrl":"https://doi.org/10.2139/ssrn.1658234","url":null,"abstract":"In the midst of the worst economic crisis since the Great Depression, policy makers in the U. S. and in other nations have reduced interest rates, expanded central bank balance sheets, increased deficits to levels generally not seen since World War II, and begun seriously rethinking financial regulation. This may come as no surprise to any student of macroeconomics prior to, say, the 1980s. However, the current crisis follows a period during which the vast majority of economists had come to a consensus (referred to by economists and hereafter in this paper as the “New Consensus”) regarding macroeconomic and regulatory policy, while the policy initiatives undertaken since the crisis began are almost entirely, and often violently, at odds with most of the New Consensus. This has led at the very least the return of some previously spirited debates that most might have thought had been settled. For now, at least, it appears that most economists fall into two different camps: the first group considers the current crisis to be a one-time “shock” after which policy can return to “normal”; the second group, on the other hand, is highly critical of the first group and of policy makers for deviating from the New Consensus. Finally there are others, some of them high-ranking members of the “consensus” view, who suggest that nearly everything needs to be rethought. The purpose of this paper is to describe some of these re-opened debates being driven by the current crisis, and then also to present the foundations of an alternative macroeconomic paradigm backed by some economists and economic research institutes that coherently incorporates the current crisis as well as the impact of current and proposed policy responses, which the previous consensus does not.","PeriodicalId":241446,"journal":{"name":"PSN: Response to Financial Crisis (Comparative - Monetary) (Topic)","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129271790","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An Early Warning System for Contagious Currency Crisis 传染性货币危机的预警系统

PSN: Response to Financial Crisis (Comparative - Monetary) (Topic) Pub Date : 2002-05-01 DOI: 10.2139/ssrn.2524237

Gongpil Choi

引用次数: 1

Ролята На Торнтън и Багехот За Развитието На Концепцията За Кредитор От Последна Инстанция (The Role of Thornton and Bagehot Development of the Concept of Lender of Last Resort)

PSN: Response to Financial Crisis (Comparative - Monetary) (Topic) Pub Date : 1900-01-01 DOI: 10.2139/SSRN.2789759

Bojidar V. Bojinov

引用次数: 0

Quantitative Easing, Portfolio Rebalancing and Credit Growth: Micro Evidence from Germany 量化宽松、投资组合再平衡与信贷增长:来自德国的微观证据

PSN: Response to Financial Crisis (Comparative - Monetary) (Topic) Pub Date : 1900-01-01 DOI: 10.2139/ssrn.3234184

Johannes Tischer

引用次数: 20