Information Acquisition and Excessive Risk: Impact of Policy Rate and Market Volatility
Excessive risk-taking of financial agents drew a lot of attention in the aftermath of the financial crisis. Low interest rates and subdued market volatility during the Great Moderation are sometimes blamed for stimulating risk-taking and leading to the recent financial crisis. In recent years, wi...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Finance and Administration
2015-12-01
|
| Series: | ACTA VŠFS |
| Subjects: | |
| Online Access: | https://is.vsfs.cz/auth/repo/5133/AUDZEI.pdf |