Complexity and financial panics

"During extreme financial crises, all of a sudden, the financial world that was once rife with profit opportunities for financial institutions (banks, for short), becomes exceedingly complex. Confusion and uncertainty follow, ravaging financial markets and triggering massive flight-to-quality e...

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Bibliographic Details
Main Authors: National Bureau of Economic Research, Cambridge, Caballero, Ricardo J., Simsek, Alp
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Cambridge, MA 2009
NBER
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19188008124919062809-Complexity-and-financial-panic.htm

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