George Akerlof: Rising to the Challenge - INET Panel Discussion (1 of 5)

The video features a panel discussion on financial markets, focusing on determinants of cash flow, market efficiency, and the role of policy makers in managing market swings. The panelists also explore the impact of fair value accounting on financial stability and discuss the relevance of complexity theory in understanding financial systems. The conversation highlights the importance of diverse models and approaches in maintaining market stability.

What is the relationship between risk premia and asset price movements as discussed?

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What are the implications of having a unified forecasting model in financial markets?

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How does complexity theory challenge traditional economic models?

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How do individual incentives shape the behavior of financial markets?

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