ERC Advanced Grant · 2019
The Memory of Financial Crises: Financial Actors and Global Risk
This project explores the extent to which the memory, or absence of memory, of previous financial crises can explain practices threatening the stability of the financial system. This will provide a major contribution to the understanding of the causes of financial crises, in particular the Global Financial Crisis, by helping to understand the behaviour of financial agents, marked by recurrent waves of over-confidence and excessive risk-taking, and why regulators fail to maintain financial stability. The project addresses four main questions: How are financial crises remembered? Has the memory of financial crises had an impact on the thinking and behaviour of financial actors? Has a ‘new’…
From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.