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Jacopo Carmassi, Stefano Micossi
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.
| Publisher | Brookings Institution Press |
|---|---|
| Pages | 74 |
| Search language | english |
| ISBN_13 | 978-9-461-38175-0 primary |
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