Papers to read (non-technical parts):
1) George A. Akerlof and Paul M.Romer: Looting:The Economy of Bankruptcy for Profit, Brooking Papers on Economic Activity, 1993
2)T.F. Hellmann, K.C. Murdoch,and J.E.Stiglitz: Liberalization, Moral Hazard in Banking, and Prudential Regulation: Are Capital Requirements Enough?, The American Economic Review, 2000
3) M.Bordo and others: Is Crisis Problem Growing?. Economic Policy 2001
4)M. Gianeetti: Bank-Firm Relationships and Contagious Banking Crises, Journal of Money, Credit and Banking, 2003
Friday, October 17, 2008
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