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Patience and finance

03 September 2010  |  4205 views  |  0 Source: Andrew Haldane, Bank of England strategy

Andrew Haldane, the Bank of England's executive director of financial stability considers the role played by impatient markets and short-termism on market volatility.

In a paper delivered to the Oxford China Business Forum in Beijing, Haldane brings together lessons from economics, history, psychology, neurology, and sociology to assess patience and its implications for the evolution of economic and financial systems.» Download the document now 321.9 kb (PDF File)

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