Systemic risks and the 'too-big-to-fail' problem'
The financial crisis of 2007--9 resulted in state intervention in financial markets around the world, and the state became a major shareholder in many banks. While state bailouts were politically sensitive, policy-makers had little alternative but to supply funds to financial institutions that were...
|Main Author:||Morrison, Alan D|
|Place of publication:||
Oxford University Press 2011
|published in:||Oxford Review of Economic Policy Vol. 27; no. 3; pp. 498 - 516|
|Data of publication:||2011|
Oxford Review of Economic Policy
|Online Access:||available in Bonn?|
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