Browse by Author "Walter, Ingo"

  • Market Failures and Regulatory Failures: Lessons from Past and Present Financial Crises 

    Acharya, Viral V.; Cooley, Thomas; Richardson, Matthew; Walter, Ingo (Asian Development Bank, 2011-02-15)
    The paper analyzes the financial crisis of through the lens of market failures and regulatory failures. We present a case that there were four primary failures contributing to the crisis: excessive risk-taking in the financial sector due to mispriced ...