Hommage à Jean-Pierre de Morant (1933-2014)

Jean-Pierre Ramis, président,

Président: M. Jean-Pierre Richard Professeur, Ecole Centrale de Lille

Jean - Pierre Belaich

George Stell (1933-2014).

Jean-Pierre Danthine: Taming the financial cycle

The crisis originated in the bursting of a house price bubble driven by an excessive credit expansion in the US, which eventually pushed the global financial system to the brink of collapse. In some countries, such as Spain or Ireland, the crisis was further compounded by the bursting of their own housing bubbles. In this regard, the current crisis is an excellent example. Historical evidence s...