The Road to Recovery: How and Why Economic Policy Must Change

Index

academic economists

accounting practices

fixed-cost financing

Japan

adverse selection, banking

affordability of housing

ageing population, Japan

“agent/principal problem”

aprioristic bias

asset prices

avoidance of policies that increase

impact on savings and investment

and inadequacy of neoclassical consensus

and low interest rates

overvaluation of

sharp fall in, triggering financial crises

volatility of

Woolley Centre research

asset pricing, scientific approach

Augmented Dickey–Fuller (ADF) test

Badger, Tony

balance sheets

banks cutting back

of banks, rapid expansion

companies

household

misinformation

off-balance-sheet finance

Balassa–Samuelson effect

Bank of England (BoE)

Financial Stability Report

purchase of bonds

bankers

adverse selection

advice from

eurozone, state control

banking

barriers to entry

reform, UK objection to

rise in riskiness of, UK

bankruptcies

Lehman Brothers

banks

bankruptcy

capital requirement

concentration of

equity ratios

market-making activities

regulation issues

return on equity

source of political contributions

subsidised by taxpayers

Barnier, Michel

barriers to entry, banking

Basel III agreement

Bernanke, Ben

“best practice” agreement on bonuses

Bini Smaghi, Lorenzo

bond yields

and eurozone confidence

fall in, effect on pension savings

and future rate of inflation

and mortgages, US

and quantitative easing

and US monetary base

bonds

and Equity Risk Premium (ERP)

impact of inflation

nominal vs. inflation-protected

overvaluation of

return to investors ...