Epstein Secrets

46 EFTA00611699 References Admati, Anat, and Martin Hellwig. 2012. The Bankers' New Clothes: What's Wrong with Banking and What to Do about It. Princeton NJ: Princeton University Press. Baker, Malcolm, and Jeffrey Wurgler. 2013. "Would Stricter Capital Requirements Raise the Cost of Capital? Bank Capita

ics of Dealer Banks." Journal of Economic Perspectives 24: 51-72. Duffie, Darrell. 2010b. How Big Banks Fail and What to Do about It. Princeton NJ: Princeton University Press. Duffie, Darrell. 2014. "Is Kee It Simile for Banks Stu . id?" Bloomber View, January 7, The Economist. 2012. "The Dodd-Frank act: Too big not to

ng and other banks and institutions could not fill the gap, so the otherwise healthy economy (healthy demand for investment) was starved of funds5. Bernanke (1983) really started the modern credit constraints view. In his analysis, banks in the Great Depression failed, and then the human and organization

d the US wars in Afghanistan and Iraq. It had already reached current levels before the global financial crisis. Former Federal Reserve Chairman Ben Bernanke has named traumatic national shocks such as 9/11 along with political polarization and “shrill” political debates as possible culprits of the contrad

es, June 17, 2016. fs) as. 20. 22. 23. 24. Carmen M. Reinhart and enneth S. Rogoff, This Time is Different: Eight Centuries of Financial Folly, Princeton University Press, 2011. Alvin H. Hansen, “Capital Goods and the Restoration of Purchasing Power,” Academy of Political Science, 1934. Alvin H. Hansen, “Economic Pro

e Obstfeld and Kenneth Rogoff, MIT Press, 1996. e This Time Is Different: Eight Centuries of Financial Folly, by Carmen Reinhart and Kenneth Rogoff, Princeton University Press, 2009, (selected chapters). Readings: Readings can be accessed online or are available on Reserve at Lamont Library. Primary readings are denoted b

SION *Diamond, Douglas and Philip H. Dybvig, "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy 91(3): 401-19, June 1983. *Bernanke, Ben, “Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression,” American Economic Review 73 (June 1983): 257-76. Col