Neglected Risks, Financial Innovation, and Financial Fragility
Published Date
Copyright 2012
DOI 10.1016/j.jfineco.2011.05.005
You may be able to download this chapter for free via the Document Object Identifier.
-
Copy CitationNicola Gennaioli, Andrei Shleifer, and Robert Vishny, Market Institutions and Financial Market Risk (Journal of Financial Economics 104 (3), 2010), https://www.nber.org/books-and-chapters/market-institutions-and-financial-market-risk/neglected-risks-financial-innovation-and-financial-fragility.
Published From Paper
-
Working Paper
We present a standard model of financial innovation, in which intermediaries engineer securities with cash flows that...
More from the NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
N. Gregory Mankiw, Robert M. Beren Professor of Economics at Harvard University, presented the 2025 Martin Feldstein...
SlidesBackground materials on mediationImai, Kosuke, Dustin Tingley, and Teppei Yamamoto. (2013). “Experimental Designs...
Supported by the Alfred P. Sloan Foundation grant #G-2023-19633, the Lynde and Harry Bradley Foundation grant #20251294...