Understanding Systemic Risk in Global Financial Markets - Gottesman Aron

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of Internet Stock Prices,” Journal of Finance, American Finance Association, 58(3), p. 3.

18

Simpson, H., 1933, “Real Estate Speculation and the Depression”, American Economic Review.

19

Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. Edwin Cannan, ed. 1904. Library of Economics and Liberty. Retrieved April 19, 2017 from the World Wide Web: http://www.econlib.org/library/Smith/smWNNotes5.html

20

Reinhart, Carmen M., and Rogoff, Kenneth S., 2009, This Time Is Different: Eight Centuries of Financial Folly. Princeton, NJ: Princeton University Press, pp.129–132.

21

European Systemic Risk Board, Flagship Report on Macroprudential Policy in the Banking Sector, March 2014, p. 6.

22

Kindlelberger, C.P., and Aliber, R., 2005, Manias, Panics and Crashes: A History of Financial Crisis, 5th ed. Hoboken, NJ: Wiley.

23

Ibid.

24

Reinhart, C., Rogoff, Kenneth S., and Savastano, M., 2003a, “Debt Intolerance,” Brookings Papers on Economic Activity No. 1, pp. 1–74.

25

Reinhart, Carmen M., and Rogoff, Kenneth S., 2009, This Time Is Different: Eight Centuries of Financial Folly. Princeton, NJ: Princeton University Press, pp.129–132.

26

Ibid.

27

Reinhart, Carmen M., and Rogoff, Kenneth S., 2009, This Time Is Different: Eight Centuries of Financial Folly. Princeton, NJ: Princeton University Press, p. 74.

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