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Comments: How Serious is the Damage?

Christopher Kent
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Christopher Kent: Economic Research Department, Reserve Bank of Australia, Australia

Chapter 9 in The First Credit Market Turmoil of the 21st Century:Implications for Public Policy, 2009, pp 125-137 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Overview — Lessons from Australia's History of Financial TurmoilPatrick Honohan — Bank Failures: The Limitations of Risk ModellingDavid Greenlaw — Costs for the Real Economy of Balance Sheet ProblemsS. “Vish” Viswanathan — Damage to Financial MarketsConcluding RemarksReferences

Keywords: Financial Crises; Systemic Risk; Credit Market Turmoil; International Financial Markets (search for similar items in EconPapers)
Date: 2009
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