Tag Archives: Housing

The Chinese Real Estate Bubble – National Accounts, Balance Sheet and (some) Evidence

I know that this is completely outside of the purview of this website. The only argument I can offer is that if and when China cools down it matters to everyone and thus, assuming that there’s no fallacy of division, … Continue reading

Posted in Economic Concepts, Uncategorized, World Affairs | Tagged , , , , , , , , , , , , | 1 Comment

Leverage and Balance Sheet Management: Reserve Ratios and VaR

Having previously considered how banks intermediate between investors and their investments, FRB and bank runs, and having shown that overlending is likely to be an equilibrium result of the financial market, I now turn my attention to how banks, among … Continue reading

Posted in Aides Memoire, Banking, Economic Concepts | Tagged , , , , , , , , , , , , , , | 1 Comment