29 citations · 32 across the 8 of their papers we have counts for
8 papers
The Sign of Risk for Present Value of Future Losses
Brian P. Hanley, Steve Keen
In the ongoing debate over discount rates and climate change, William Nordhaus has championed a higher discount rate to account for risk. Nicholas Stern has championed a lower rate…
A New Form of Banking -- Concept and Mathematical Model of Venture Banking
Brian P Hanley
This theoretical model contains concept, equations, and graphical results for venture banking. A system of 27 equations describes the behavior of the venture-bank and underwriter s…
The Impact of LIBOR Linked Borrowing to Cover Venture Bank Investment Loans Creates a New Systemic Risk
Brian P. Hanley
A scenario in which regulators take the drastic step of requiring coverage of all venture bank investment loans using interbank borrowed funds is considered. In this scenario, a mi…
The perverse incentive for insurance instruments that are derivatives: solving the jackpot problem with a clawback lien for default insurance notes
Brian P. Hanley
When an insurance note is also a derivative a serious problem arises because a derivative must be fulfilled immediately. This feature of derivatives prevents claims processing proc…
Equity Default Clawback Swaps to Implement Venture Banking
Brian P. Hanley
In this theoretical paper, I propose creation of a venture bank, able to multiply the capital of a venture capital firm by at least 47 times, without requiring access to the Federa…
A zero-sum monetary system, interest rates, and implications
Brian P. Hanley
To the knowledge of the author, this is the first time it has been shown that interest rates that are extremely high by modern standards (100% and higher) are necessary within a ze…
Release of the Kraken: A Novel Money Multiplier Equation's Debut in 21st Century Banking
Brian P. Hanley
Historically, the banking multiplier has been in a range of 4 to 100, with 25% to 1% reserve ratios at most layers of the banking system encompassing the majority of its range in r…
The False Premises and Promises of Bitcoin
Brian P. Hanley
Designed to compete with fiat currencies, bitcoin proposes it is a crypto-currency alternative. Bitcoin makes a number of false claims, including: solving the double-spending probl…