Monday, April 2, 2012

2/4/2012: Two studies on Global Financial Crisis

An interesting analysis of the International Financial Crisis of 2007-2009 from Gary Gorton and Andrew Metrick, both Yale and NBER just out - see link here. Worth a read and contrasting with Taleb's excellent paper on same (earlier work than that of Gordon and Metrick) here.


Brian O' Hanlon said...

Gorton's work, is something that I must get around to reading at some stage. Thanks for the pointers. In some further minor development of where I stand, on this notion of a global crisis, and how national states are trying to cope with it, I scribbled this short piece just now.

I suppose, the question is, like with any piece of hardware - when national states are purchasing bullet proof, policy options in large amounts these days - to assist in fighting the global crisis, at what point do we start to worry that the turrets might be pointed too much at the native populations too? BOH.

Freight Broker Earning said...

Perhaps it is not surprising that trade with emerging economies is often more complicated, time consuming, and costly than one would want.