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Financial Crisis Contagion

Chapter
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Part of the Quantitative Perspectives on Behavioral Economics and Finance book series (QPBEF)

Abstract

Whereas the analysis of finance rests on rationality, its lived experience is one of euphorias and crashes that can have devastating consequences. This chapter discusses the evidence of crashes and the safeguards that the legal system uses, especially in light of the experience with the financial crisis of 2008, which circumvented the safety measures that had been designed largely in response to the Great Depression.

Keywords

Central bankCentral Bank Money Market Mutual Funds Financial Stability Oversight Council (FSOC) General Economic Health Deposit insuranceDeposit Insurance 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Indiana UniversityIndianapolisUSA

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