What can Be Learned from the 2022 Nobel Prize in Economics to Mitigate Banking and Financial System Risks

Abstract

Abstract: The research about bank run, bank regulation and financial systematic risks from the 2022 Nobel Prizers are very important. In this paper, we introduce their original work in these areas since the 1980s, and their applications and guidance to bank regulations, financial systematic risk controls. In the final part, we raise several important questions regarding how to apply their theories to the Chinese bank regulations and financial risk control.

Key words: the Nobel Prize in Economics, bank run, bank regulation, monetary supply, credit channel, financial accelerator

Cheng Bing. What can Be Learned from the 2022 Nobel Prize in Economics to Mitigate Banking and Financial System Risks[J]. Management Review, 2022, 34(10): 3-8.

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