How Long to Read Does Financial Tranquility Call for Stringent Regulation?

How Long Does it Take to Read Does Financial Tranquility Call for Stringent Regulation??

It takes the average reader and 41 minutes to read Does Financial Tranquility Call for Stringent Regulation? by Deepal Basak

Assuming a reading speed of 250 words per minute. Learn more

Description

Consistent with the Minsky hypothesis and the “volatility paradox” (Brunnermeier and Sannikov, 2014), recent empirical evidence suggests that financial crises tend to follow prolonged periods of financial stability and investor optimism. But does financial tranquility always call for more stringent regulation over time? We examine this question using a simple portfolio choice model that features the interaction between learning and externality. We evaluate the potential of a macroprudential policy to restore efficiency, and characterize the necessary and sufficient condition for the countercyclicality of the optimal regulation/macroprudential policy. Our paper implies that policymakers should not only consider the cyclical indicators “on the surface” (for example, credit growth), but also closely examine the deep structural change of the resilience of the system. The paper also highlights the importance of assigning the macroprudential policy function to independent agencies with technical expertise.

How long is Does Financial Tranquility Call for Stringent Regulation??

Does Financial Tranquility Call for Stringent Regulation? by Deepal Basak is 41 pages long, and a total of 10,291 words.

This makes it 14% the length of the average book. It also has 13% more words than the average book.

How Long Does it Take to Read Does Financial Tranquility Call for Stringent Regulation? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Does Financial Tranquility Call for Stringent Regulation? aloud.

What Reading Level is Does Financial Tranquility Call for Stringent Regulation??

Does Financial Tranquility Call for Stringent Regulation? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Does Financial Tranquility Call for Stringent Regulation??

Does Financial Tranquility Call for Stringent Regulation? by Deepal Basak is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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