{"id":"https://openalex.org/W30795406","doi":null,"title":"Financial market failures and public policies","display_name":"Financial market failures and public policies","publication_year":2009,"publication_date":"2009-01-01","ids":{"openalex":"https://openalex.org/W30795406","mag":"30795406"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:hpe:journl:y:2009:v:190:i:3:p:127-156","doi":null,"is_oa":false,"landing_page_url":"https://www.ief.es/comun/Descarga.cshtml?ruta=~/docs/destacados/publicaciones/revistas/hpe/190_Art5.pdf","pdf_url":"https://www.ief.es/comun/Descarga.cshtml?ruta=~/docs/destacados/publicaciones/revistas/hpe/190_Art5.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5111383237","display_name":"Jos\u00e9 Manuel Gonz\u00e1lez\u2010P\u00e1ramo","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Jos\u00e9 Manuel Gonz\u00e1lez\u2010P\u00e1ramo","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5111383237"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.0131,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.89695048,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":97},"biblio":{"volume":"190","issue":"190","first_page":"127","last_page":"156"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.5156000256538391,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13074","display_name":"Global Financial Regulation and Crises","score":0.5156000256538391,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.2653999924659729,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.15780000388622284,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-market-failures","display_name":"financial market failures","score":0.9390000104904175},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.8920000195503235},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.6899999976158142},{"id":"https://openalex.org/keywords/financial-supervision","display_name":"financial supervision","score":0.8370000123977661},{"id":"https://openalex.org/keywords/macroeconomic-imbalances","display_name":"macroeconomic imbalances","score":0.8949999809265137},{"id":"https://openalex.org/keywords/financial-market-resilience","display_name":"financial market resilience","score":0.9559999704360962},{"id":"https://openalex.org/keywords/lessons-learned","display_name":"lessons learned","score":0.578000009059906}],"concepts":[{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.7732553482055664},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.5566295385360718},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5139272212982178},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4978020191192627},{"id":"https://openalex.org/C84945661","wikidata":"https://www.wikidata.org/wiki/Q7366567","display_name":"Root cause","level":2,"score":0.4740329086780548},{"id":"https://openalex.org/C12713177","wikidata":"https://www.wikidata.org/wiki/Q1900281","display_name":"Perspective (graphical)","level":2,"score":0.4648837745189667},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.43118345737457275},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.37048161029815674},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.15164080262184143},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:hpe:journl:y:2009:v:190:i:3:p:127-156","doi":null,"is_oa":false,"landing_page_url":"https://www.ief.es/comun/Descarga.cshtml?ruta=~/docs/destacados/publicaciones/revistas/hpe/190_Art5.pdf","pdf_url":"https://www.ief.es/comun/Descarga.cshtml?ruta=~/docs/destacados/publicaciones/revistas/hpe/190_Art5.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:1547708028","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:hpe:journl:y:2009:v:190:i:3:p:127-156","pdf_url":null,"source":{"id":"https://openalex.org/S948502762","display_name":"Revista Hacienda P\u00fablica Espa\u00f1ola","issn_l":"0210-1173","issn":["0210-1173","2386-4176"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core","norway-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310322623","host_organization_name":"Instituto de Estudios Fiscales","host_organization_lineage":["https://openalex.org/P4310322623"],"host_organization_lineage_names":["Instituto de Estudios Fiscales"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Revista Hacienda P\u00fablica Espa\u00f1ola","raw_type":null},{"id":"mag:30795406","doi":null,"is_oa":false,"landing_page_url":"https://dialnet.unirioja.es/servlet/articulo?codigo=3061316","pdf_url":null,"source":{"id":"https://openalex.org/S948502762","display_name":"Revista Hacienda P\u00fablica Espa\u00f1ola","issn_l":"0210-1173","issn":["0210-1173","2386-4176"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core","norway-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310322623","host_organization_name":"Instituto de Estudios Fiscales","host_organization_lineage":["https://openalex.org/P4310322623"],"host_organization_lineage_names":["Instituto de Estudios Fiscales"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Revista Hacienda P\u00fablica Espa\u00f1ola","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.47620001435279846,"display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1580142708","https://openalex.org/W1696458390","https://openalex.org/W2061927066","https://openalex.org/W2136513790","https://openalex.org/W2138989197","https://openalex.org/W2155143309","https://openalex.org/W2156109180","https://openalex.org/W2577474212","https://openalex.org/W2890045262","https://openalex.org/W2955050352","https://openalex.org/W3022826977","https://openalex.org/W3084354180","https://openalex.org/W3121630491","https://openalex.org/W3121939246","https://openalex.org/W3122049385","https://openalex.org/W3122346713"],"related_works":["https://openalex.org/W1547708028","https://openalex.org/W2284437681","https://openalex.org/W2145946429","https://openalex.org/W3123417437","https://openalex.org/W2099960866","https://openalex.org/W2132790581","https://openalex.org/W2996398281","https://openalex.org/W2183754852","https://openalex.org/W2103636516","https://openalex.org/W2778195409"],"abstract_inverted_index":{"The":[0],"financial":[1,18,94],"turmoil,":[2],"which":[3,64],"began":[4],"in":[5,26,50],"the":[6,15,24,30,33,51,61,67,71,87,92],"summer":[7],"of":[8,14,32,39,53,86],"2007,":[9],"has":[10],"developed":[11],"into":[12],"one":[13],"most":[16],"disruptive":[17],"and":[19,42,48,55,69],"economic":[20],"crisis":[21,34,68],"experienced":[22],"by":[23,75],"world":[25],"many":[27],"decades.":[28],"At":[29],"root":[31],"we":[35],"find":[36],"a":[37],"combination":[38],"macroeconomic":[40],"imbalances":[41],"microeconomic":[43],"factors,":[44],"including":[45],"market":[46],"failures":[47],"deficiencies":[49],"design":[52],"regulatory":[54],"supervisory":[56],"frameworks.":[57],"This":[58],"article":[59],"analyses":[60],"underlying":[62],"causes":[63],"contributed":[65],"to":[66,78,90],"reviews":[70],"key":[72],"measures":[73],"adopted":[74],"public":[76],"authorities":[77],"mitigate":[79],"its":[80],"effects":[81],"as":[82,84],"well":[83],"some":[85],"lessons":[88],"learned":[89],"make":[91],"international":[93],"markets":[95],"more":[96],"resilient.":[97]},"counts_by_year":[{"year":2015,"cited_by_count":3},{"year":2013,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}