Financial Market Crisis: Origin, Short-Term Reaction and Long-Term Adjustment Requirements
Abstract
The current financial crisis cannot be attributed to a single cause, but resulted from the interaction of several simultaneously active forces. The causes can be classified into three categories: macroeconomic causes, regulatory or supervisory shortcomings and causes related to incentives or corporate control. Whereas short-term economic policy measures were geared to minimize the damage, long-term economic policy considerations focus on strengthening stabilising forces in the regulation and supervision of financial intermediaries and on improvements of their incentive systems.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic Info
Article provided by WIFO in its journal Quarterly.
Volume (Year): 15 (2010)
Issue (Month): 1 (April)
Pages: 54-77
Contact details of provider:
Postal: Arsenal Object 20, A-1030 Wien
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
Related research
Keywords: Financial Market Crisis; Origin; Reactions;References
No references listed on IDEASYou can help add them by filling out this form.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Michael Böheim, 2011. "Competition policy: ten lessons learnt from the financial crisis," Empirica, Springer, vol. 38(3), pages 315-330, July.
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2010:i:1:p:54-77For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

