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All Blog Posts Tagged 'Transmission Mechanism' (1)

A missing link in the transmission mechanism?

THIS IS QUITE SIMPLY A CRUCIAL CONTRIBUTION TO THE CURRENT DEBATE ABOUT WHAT WILL QUANTITATIVE FINANCE LOOK LIKE POST CREDIT CRUNCH



A missing link in the transmission mechanism?



by Claudio Borio and Haibin Zhu, Bank for International Settlements



Over the last three decades the financial landscape has gone through radical structural change. As a result of financial liberalisation and innovation, heavily controlled, segmented and “sleepy” domestic financial… Continue

Added by John A Morrison on January 16, 2009 at 3:00am — No Comments

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