Modern recipes for financial crises

Abstract: Remarks at the University of Iowa, December 4, 2015.

Keywords: Franklin D. Roosevelt; bank runs; undermined confidence; Great Depression; loss of output; credit boom; deregulation; procyclicality of financial intermediary leverage; liquidity premium; money-like assets; fire sales; excessive leverage; Comprehensive Capital Analysis and Review (CCAR); Comprehensive Liquidity Analysis and Review (CLAR);

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2015-12-04

Number: 190