Some interesting articles and studies this month
Articles: Why these economists say the usual explanation for the financial crisis is wrong ( Wonk Blog ). How to Produce High Quality Investment Research ( A Wealth of Common Sense ). The psychology of why 94 deaths from terrorism are scarier than 301,797 deaths from guns ( Quartz ). VOX Research: Bank competition and financial stability: The role of financial innovation. An unprecedented process of deregulation took place in the banking sector in the three decades prior to the Global Crisis. This column argues that during periods of intense bank competition, financial innovation can compound the adverse effects of competition on stability. Coupled with strong competition, the significant use of one such innovation – securitisation – in the run-up to the crisis was related to high levels of bank risk . Environmental economic history: A global literature has developed that illuminates the reciprocal and dynamic relationship between humans and their environment in ot