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What do theory and empirical observations tell us about causes and consequences of financial instability? What lessons can we learn from economic policies implemented, research developed rapidly in the recent years? Ten years after the GFC crisis, a timely review of the reform agenda, progress, and areas where further changes are needed.

Produktbeschreibung
What do theory and empirical observations tell us about causes and consequences of financial instability? What lessons can we learn from economic policies implemented, research developed rapidly in the recent years? Ten years after the GFC crisis, a timely review of the reform agenda, progress, and areas where further changes are needed.
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Autorenporträt
Olivier de Bandt, who holds a PhD from the University of Chicago, is an economist and researcher associated with the University of Paris-Nanterre, where he has been teaching banking and financial economics at graduate level. He is an associate editor of the Journal of Financial Stability. Françoise Drumetz and Christian Pfister are also economists. They teach the Financial Stability course in the Sciences Po School of Public Affairs (Paris).