Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

Discover how the equation of exchange links money supply, velocity of money, and price levels, influencing inflation and economic activity. Learn key formulas and impacts.

How is a market constructed? How can we understand its multiple exchanges? In his book on the 1990s Russian transition to capitalism, one of the biggest moments of “market-construction”, Vadim Volkov ...