Describe the incentive problem facing the U.S. government in responding to the 20072009 crisis with respect to

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Describe the incentive problem facing the U.S. government in responding to the 2007–2009 crisis with respect to the shadow banking sector. How did the Dodd-

Frank bill attempt to address those incentive problems?

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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