Regulating the us financial system to avoid another meltdown

Economic and Political Weekly

Volumn 44, Issue 13, 2009, Pages 87-93

  Crotty, James ^a   Epstein, Gerald ^a  

^a UNIVERSITY OF MASSACHUSETTS   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84855182760     PISSN: 00129976     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (26)

1. Adrian, Tobias and Hyun Song Shin (2008): "Liquidity, Monetary Policy and Financial Cycles", Current Issues in Economics and Finance: New York Federal Reserve, January/February
2. Brunnermeier, Mark, Andrew Crocket, Charles Goodhart, Avinash D Persaud and Hyun Shin (2009): "The Fundamental Principles of Financial Regulation", Geneva Reports on the World Economy, 11. (Preliminary Report)
3. Crotty, James (2008): "Structural Causes of the Global Financial Crisis: A Critical Assessment of the 'New
4. Financial Architecture'", Political Economy Research Institute (PERI) Working Paper, September, No 180. www.peri.umass.edu
5. Crotty, James and Gerald Epstein (2009): "Avoiding Another Meltdown", Challenge, January/February, Vol 52, No 1, 5-26
6. CRMPG, III (2008): "Containing Systematic Risk: The Road to Reform", Counterparty Risk Management Policy Group, www.crmpolicygroup.org
7. Dewatripont, Mathia, Xavier Freixas and Richard Portes (2009): Macroeconomic Stability and Financial Regulation: Key Issues for the G20, Centre for Economic Policy Research (CEPR), http://www.voxeu.org/reports/G20-ebook.pdf
8. Elul, Ronel (1995): "Welfare Effects of Financial Innovation in Incomplete Markets Economies with Several Consumption Goods", Journal of Economic Theory, 65, 43-78
9. Frame, W Scott and Lawrence J White (2002): "Empirical Studies of Financial Innovation: Lots of Talk, Little Action?", NYU, Working Paper
10. GAO (2009): Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated US Financial Regulatory System, Government Accountability Office, Document: 09-216
11. Group of 30 (2009): Financial Reform: A Framework for Financial Stability, www.group30.org (The "Volcker Report")
12. Planning Commission (2009): A Hundred Small Steps: Report of the Committee on Financial Sector Reforms (New Delhi: Sage Publications)
13. Newsweek (2008): "The Monster that Ate Wall Street", http://www.newsweek.com/id/161199
14. Pollin, Robert (2005): "Applying a Securities Transactions Tax to the US: Design Issues, Market Impact and Revenue Estimates" in Gerald Epstein (ed.), Financialisation and the World Economy (Northampton, MA: Edward Elgar Press), pp 409-25
15. Prasad, Eswar S and Raghuram G Rajan (2008): "Financial Reforms for India", Finance and Development, September, 24-27
16. Reddy, Y V (2008): "Meeting of the Task Force on Financial Regulation", Initiative for Policy Dialogue (UK: Manchester), July
17. Soros, George (2008): 'Testimony Statement of George Soros before the US House of Representatives Committee on Oversight and Government Reform', Washington DC, 13 November, http://www.georgesoros.com/crisis-and-what-to- do110608
18. Stern School NYU (2008): Restoring Financial Stability: How to Repair a Failed System (New York: Stern School of Business)
19. Stiglitz, Joseph E (2008): "Principles for a New Financial Architecture", The Commission of Experts of the President of the UN General Assembly on Reforms of the International Monetary and Financial System, http://www.un.org/ga/president/63/commission/members.shtml
20. Tobin, James (1984): "On the Efficiency of the Financial System", Lloyds Bank Review
21. Trade Union Advisory Council to the OECD (2008): "Re-regulation in the Aftermath of the Global
22. Financial Crisis -TUAC Position Paper", http://www.tuac.org/en/ public/e-docs/00/00/03/91/document -doc.phtml
23. Tufano, Peter (2003): "Financial Innovation" in George Constantinides, Milton Harris and Rene Stulz (ed.), Handbook of the Economics of Finance (Volume 1a: Corporate Finance), (Amsterdam: Elsevier), 307-36
24. Van Horne, J C (1985): "Financial Innovations and Excesses", Journal of Finance, Vol 40, No 3
25. Whalen, Christopher (2009): "What Is To Be Done With Credit Default Swaps", 23 February, www.institutionalriskanalytics.com
26. Wray, L Randall (2007): "Lessons from the Subprime Meltdown", The Levy Economics Institute, Working Paper No 522.