Publications

5 publications found, searching for 'Martin Mayer '

• One-Pager No. 3
  May 20, 2010

  “The Spectre of Banking”

  Martin Mayer
  Abstract

  A year and a half after the collapse in the financial markets, the debate about necessary “reforms” is still in its early stages, and none of the debaters seriously claims…more

  Download One-Pager No. 3 PDF (129.50 KB)
• Public Policy Brief No. 56
  November 02, 1999

  Risk Reduction in the New Financial Architecture

  Martin Mayer
  Abstract

  The causes for the instability that has marked the financial system over the past decade lie deep in the economic theory that urges easy and efficient substitution of one piece…more

  Download Public Policy Brief No. 56, 1999 PDF (183.57 KB)
• Working Paper No. 268
  April 01, 1999

  Risk Reduction in the New Financial Architecture

  Martin Mayer
  Abstract

  Five times in a decade not yet completed, financial markets have floated to the edge of a whirlpool. In October 1998, they were about to drown when Alan Greenspan threw…more

  Download Working Paper No. 268 PDF (109.96 KB)
• Public Policy Brief No. 44
  September 06, 1998

  The Asian Disease: Plausible Diagnoses, Possible Remedies

  Martin Mayer
  Abstract

  Asia presents a cumulation of apparently rational decisions that produced disastrous results—a textbook illustration of “financial instability” developing from the economics of euphoria. A combination of factors produced the crisis…more

  Download Public Policy Brief No. 44, 1998 PDF (156.72 KB)
• Working Paper No. 232
  April 01, 1998

  The Asian Disease

  Martin Mayer
  Abstract

  The Asian crisis is a textbook case of the “financial instability hypothesis” first expressed in 1966 by the late Hyman P. Minsky. Minsky’s “hypothesis” was proposed to explain instability in…more

  Download Working Paper No. 232 PDF (79.58 KB)