Economic Activity in Turbulence: Banks and Financial Markets

• Published in: Tímarit um viðskipti og efnahagsmál
• Main Author: Johnsen, Guðrún
• Format: Article in Journal/Newspaper
• Language: Icelandic
• Published: Institute of Business Research 2010
• Subjects: Financial crisis; banks; L51; Hvatakerfi; stofnannauppbygging; fjármálastofnanir; fjármálastöðugleiki; Gerðar; Iceland
• Online Access: http://www.efnahagsmal.is/article/view/a.2010.7.2.4; https://doi.org/10.24122/tve.a.2010.7.2.4

In the aftermath of the failure of the Icelandic financial sector, embedded flaws of all the main pillars of the Icelandic economic system became evident. Individuals and institutions alike failed so that the system itself did not deliver the outcome it was set to do. This article presents a survey...