Jacopo Carmassi
Time to Set Banking Regulation Right
Jacopo Carmassi, Stefano Micossi · 2013
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Leverage and risk taking by large international banks were the main causes of the 2008-09 financial crisis and the ensuing sharp drop in economic activity and employment. The author proposes the calculation of capital requirements without risk adjustment and creation of a system of mandated action by supervisors modeled on the US framework.
Book details
- Year
- 2013
- Language
- English
- Publisher
- Brookings Institution Press
- Editions
- 1
- Pages
- 74
- ISBN
- 9789461381750
Data source: Wikidata
