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How to prevent another Northern Rock

How to prevent another Northern Rock

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DATE : Mon, 17 Mar 2008 15:40:10 +0000
Entered in Database : 2008-03-17 15:40:10
length : audio/mpeg
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Crisis regulation may help avoid another Northern Rock style panic, according to research by Professors Shurojit Chatterji and Sayantan Ghosal presented at the Royal Economic Society’s 2008 annual conference. Listen to the interview Download audio file (ghosal.mp3) But the authorities should not always aim to prevent bank runs – on the contrary, when regulators cannot monitor banks and [...]