Financial Crisis and the Paradox of Under- and Over-Regulation
收藏NBER2009-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15018
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资源简介：
This paper illustrates the paradox of prudential under-regulation in an economy that adopts financial reform, a reform which exposes the economy to future financial crises. There is individual-uncertainty about the crisis incidence, and the probability of the crisis is updated sequentially applying
提供机构：
美国国家经济研究局
创建时间：
2009-05-01
