Zusammenfassung der Ressource
Icelandic Banking
Crisis - Theory
- Theories
- The Financial Instability
Hypothesis
- Focus on psychological factors that
led the actors to make the decision
they made
- Macroprudential
- A method of economic analysis that evaluates
the health, soundness and vulnerabilities of a
financial system.
- Research question:
- What factors led to the severity
of the Icelandic financial crisis in
2008?
- Key concepts
- Plutocracy
- Nepotism
- Clientelism
- Elitism
- Cronyism
- Carry-trade
- FDI
- Money Multiplier