Tag: U.S.

The financial stability interest rate is a threshold above which the real interest rate in an economy triggers financial constraints and systemic instability. It...

Investors have a tendency to sell assets that have earned them positive returns and are reluctant to let go of those that have brought...

Contagion and self-fulfilling feedback loops are propagation mechanisms at the heart of systemic financial crises. Contagion refers to the deterioration of fundamentals through the...