Rethinking the Financial Network.¶
Haldane, A. G. (2009). Rethinking the Financial Network.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Fracture Toughness
- The aerospace shift from "no cracks" to "assume cracks, design against propagation" anticipated by decades the macroprudential shift from "no defaults" to "assume defaults, design against contagion,"
This sourceDraws the explicit analogy from engineering and epidemiology to finance — assume defaults, design against contagion — for systemic-risk management.
- The aerospace shift from "no cracks" to "assume cracks, design against propagation" anticipated by decades the macroprudential shift from "no defaults" to "assume defaults, design against contagion,"
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