Evaluating the Financial Instability Hypothesis: A Positive and Normative Analysis of Leveraged Risk-Taking and Extrapolative Expectations
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More about this item
Keywords
financial frictions; financial amplifications; diagnostic expectations; financial regulation;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- E70 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - General
- G20 - Financial Economics - - Financial Institutions and Services - - - General
- G40 - Financial Economics - - Behavioral Finance - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FDG-2024-07-08 (Financial Development and Growth)
- NEP-RMG-2024-07-08 (Risk Management)
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