Tags Shadow banking

Tag: shadow banking


The danger of volatility feedback loops

There is evidence that the financial system has adapted to low fixed income yields through an expansion of explicit and implicit short volatility strategies....

The systemic risk of highly indebted governments

The public debt ratio of the developed world has remained stuck at a 200-year record high, even with a mature global expansion and negative...

Information inefficiency in market experiments

Experimental research illustrates the mechanics of market inefficiency. If information is costly traders will only procure it to the extent that markets are seen...