Bericht
Fair value accounting is the wrong scapegoat for this crisis
The ongoing financial crisis has revived the longstanding debate about fair value accounting. This policy contribution by Nicolas Véron argues that in times of market disruption, no accounting standards could lead to consensual outcomes, and that fair value remains better than proposed alternatives. Rather than reducing its scope, policymakers should focus on capital requirements standards (Basel II), where the negative effects of 'pro-cyclicality' are concentrated.
- Language
-
Englisch
- Bibliographic citation
-
Series: Bruegel Policy Contribution ; No. May 2008
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Véron, Nicolas
- Event
-
Veröffentlichung
- (who)
-
Bruegel
- (where)
-
Brussels
- (when)
-
2008
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Véron, Nicolas
- Bruegel
Time of origin
- 2008
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