{"id":113840,"date":"2024-01-22T18:41:50","date_gmt":"2024-01-22T17:41:50","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/113840\/"},"modified":"2024-11-07T04:16:53","modified_gmt":"2024-11-07T03:16:53","slug":"financial-market-crisis-origin-short-term-reaction-and-long-term-adjustment-requirements","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/113840\/","title":{"rendered":"Financial Market Crisis: Origin, Short-Term Reaction and Long-Term Adjustment Requirements"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-113840","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The current financial crisis cannot be attributed to a single cause, but resulted from the interaction of several simultaneously active forces. The causes can be classified into three categories: macroeconomic causes, regulatory or supervisory shortcomings and causes related to incentives or corporate control. Whereas short-term economic policy measures were geared to minimize the damage, long-term economic policy considerations focus on strengthening stabilising forces in the regulation and supervision of financial intermediaries and on improvements of their incentive systems.","onlinedate":"2010-04-14 02:00:00","lang":"English","publication_series":"","publication_date":"20100401","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Financial Market Crisis; Origin; Reactions\"]","jelcodes":"[]","related_publications":"[]","pdf":337111,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"15","monthly_report_pages":"54-77","monthly_report_pages_sort":"54","issue":"1","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[3899],"persons_data":"[{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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