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A critical look at the risk measurement tool that has repeatedly, and severely, hurt the financial worldThe credit crisis that erupted in 2007 is by no means the only shock to have shaken the financial markets throughout the years. But these market tribulations seem to wreak more havoc than ever...
Persistent link: https://www.econbiz.de/10009412735
A critical look at the risk measurement tool that has repeatedly hurt the financial world The Number That Killed Us finally tells the "greatest story never told": how a mysterious financial risk measurement model has ruled the world for the past two decades and how it has repeatedly, and...
Persistent link: https://www.econbiz.de/10012689449
No. The infamous bailout loans granted by Europe and the IMF to Greece since 2010 did not create austerity in the country. We use official statistics to show that government spending and deficits did generally not go down in the bailout period versus other previous periods in “modern” Greece...
Persistent link: https://www.econbiz.de/10012961718