The regulator's conundrum. How market reflexivity limits fundamental financial reform
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DOI: 10.1080/09692290.2017.1320300
Abstract: ABSTRACT Financial firms’ valuation approaches are key to financial market functioning. The financial crisis exposed fundamental faults in pre-crisis practices and the regulations that bolstered them. Critics pointed to reflexivity: financial markets have no solid… read more here.
Keywords: market reflexivity; market; reform; reflexivity ... See more keywords