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Discussion of Financial Innovation, Macroeconomic Stability and Systemic Crises

Discussion of Financial Innovation, Macroeconomic Stability and Systemic Crises. Arvind Krishnamurthy Northwestern University. Questions: Effects of financial innovation on macroeconomic stability. Systemic risk/crises. Costs and benefits of innovation Relevant questions

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Date 1 externality - PowerPoint PPT Presentation

Discussion of Financial Innovation, Macroeconomic Stability and Systemic Crises