Doubling Down on Failure  Subsidizing More One Way Bets?
Channel: New Economic Thinking
Date: 2017-12-07

One-way bets and bubble machines: How can central banks restrain moral hazard when markets know they bail out big banks in financial crises?

Download the papers & presentations: https://www.ineteconomics.org/conference-session/doubling-down-on-failure-subsidizing-more-one-way-bets

Speakers: Michael Greenberger, Edward Kane, Anastasia Nesvetailova Discussant: Perry Mehrling, Robert Johnson
Chair: Dennis Kelleher