Banks and financial crises: contributions of Ben Bernanke, Douglas Diamond, and Philip Dybvig

The 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises”. This article surveys the contributions of the three laureates and discusses how their insights have c...

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Veröffentlicht in:The Scandinavian journal of economics 2023-07, Vol.125 (3), p.553-583
Hauptverfasser: He, Zhiguo, Hu, Yunzhi
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description The 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises”. This article surveys the contributions of the three laureates and discusses how their insights have changed the way that academics and policymakers understand banks and their roles in financial crises.
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source Wiley Online Library Journals Frontfile Complete; PAIS Index; Business Source Complete
subjects Academic staff
Bank monitoring
bank regulation
bank runs
Banking
Donations
Economic crisis
financial accelerator
financial crises
macro finance
monitoring
Policy making
title Banks and financial crises: contributions of Ben Bernanke, Douglas Diamond, and Philip Dybvig
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