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2. How can the bursting of an asset-price bubble in the stock market help trigger a financial crisis? 3. How does the process of financial

2. How can the bursting of an asset-price bubble in the stock market help trigger a financial crisis? 3. How does the process of financial innovation impact the effectiveness of macroprudential regulation? 4. Why would haircuts on collateral increase sharply during a financial crisis? How would this lead to fire sales on assets

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