Presidents have given few significant speeches on financial deregulation
We develop a model that links financial development to wage outcomes, and we test the predictions of the model using state-level data from the United States during the recent period of financial deregulation
As has been pointed out earlier in this paper, in Sweden there was absolutely no awareness of the possibility of psychological overreactions after the big financial deregulation
effort in the second half of the 1980s.
Between 1966 and 1969, the Debre-Haberer reforms introduced 'despecialization,' eliminating the barriers between the three categories of banks and thus clearing the way for financial deregulation
The Bush administration aside, almost everyone else in the American policymaking and intellectual establishment is coming round to the idea that financial deregulation
has gone too far.
As the government is planning to promote further financial deregulation
, industrial shakeouts beyond the banking and insurance sectors may come to the fore, analysts said.
Ghironi and Stebunovs study the domestic and international effects of financial deregulation
in a dynamic, stochastic, general equilibrium model with endogenous producer entry.
With Robert Rubin on his side during his first photo opportunity after the election, he signaled to Wall Street that his vote for the $750 billion bailout of those speculators and crooks was no fluke (Rubin was Clinton's financial deregulation
architect in 1999 as Secretary of the Treasury before he became one of the hugely paid co-directors tanking Citigroup.
But in addition to promoting market fundamentalist ideas through the comment Multinational Monitor recognizes with this regular award, he was one of the architects of the financial deregulation
that led to the current financial and economic crisis.
Dowd has had a long career as an academic, with much of his work focusing on the history and theory of "free banking" and other forms of financial deregulation
The collapse had historical origins in financial deregulation
in the 1980s; investment banks and ordinary banks being no longer separate; the fall of the Iron Curtain creating a global market; an explosion of borrowing and lending; people had multiple accounts and shifted money around between them; consumer debt skyrocketed; Americans were told they should all own their own homes; and there was just so much money in the system.
And, in the past, assistance has been accompanied by extensive "conditions," some of which enforced contractionary monetary and fiscal policies - just the opposite of what is needed now - and imposed financial deregulation
, which was among the root causes of the crisis.