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Understanding Financial Crises: Risk, Uncertainty, and Policy Perception

Explore the complexities of financial crises, risks, uncertainties, and policymakers' perceptions. Delve into known knowns, known unknowns, and unknown unknowns for a deeper understanding. Source: viralinfection.com, englishrussia.com, lumq.com.

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Understanding Financial Crises: Risk, Uncertainty, and Policy Perception

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  1. Financial Crises Gerald P. Dwyer Federal Reserve Bank of Atlanta University of Carlos III, Madrid

  2. Risk and Uncertainty … as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don’t know we don’t know. Donald Rumsfeld (2002)

  3. Policymaker’s Perception Source:viralinfection.com

  4. Policymaker’s Reality? Source: englishrussia.com

  5. Research Viewpoint Source: lumq.com

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