eBook - PDF

The Influence of Uncertainty in a Changing Financial Environment

Name: The Influence of Uncertainty in a Changing Financial Environment
ISBN: 9783319487786

An Inquiry into the Root Causes of the Great Recession of 2007-2008

Ricardo A. Halperin,

English
PDF
Available on iOS & Android

eBook - PDF

The Influence of Uncertainty in a Changing Financial Environment

An Inquiry into the Root Causes of the Great Recession of 2007-2008

Ricardo A. Halperin,

About this book

This book examines the role of uncertainty on financial decisions - and, consequently, on financial markets - in the buildup to and aftermath of the Great Recession. It tracks the significant growth and important structural changes in the financial sector during the past few decades, both of which made the economy more vulnerable to perceptions of risk in the markets. Halperin argues that conventional economic models have lost relevance by failing to take these developments into account appropriately, and also explains that because of financial globalization we can no longer understand what happens in the economies of major countries by relying on "closed-economy" thinking. The book concludes with a list of policy recommendations designed to increase the resilience of the financial markets to negative economic developments and to reduce incentives for risk taking, including a proposal to eliminate the double taxation of dividends.

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Yes, you can access The Influence of Uncertainty in a Changing Financial Environment by Ricardo A. Halperin in PDF and/or ePUB format, as well as other popular books in Economics & Economic History. We have over one million books available in our catalogue for you to explore.