Financial Crisis Contagion

Part of the Quantitative Perspectives on Behavioral Economics and Finance book series (QPBEF)


Whereas the analysis of finance rests on rationality, its lived experience is one of euphorias and crashes that can have devastating consequences. This chapter discusses the evidence of crashes and the safeguards that the legal system uses, especially in light of the experience with the financial crisis of 2008, which circumvented the safety measures that had been designed largely in response to the Great Depression.


Central bankCentral Bank Money Market Mutual Funds Financial Stability Oversight Council (FSOC) General Economic Health Deposit insuranceDeposit Insurance 
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Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Indiana UniversityIndianapolisUSA

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