# Crisis anatomy

`kaal:entity:crisis-anatomy`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `crisis-anatomy`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 1 works, 2013 to 2013.

**2013**

- [2273857-024](https://wulfkaal.github.io/claims/2273857-024) [definitional/evidenced] -- Bank crises share four core common elements: an exogenous shock, a favorable response to that shock, the dissipation of favorable conditions, and a systemic rise in bank failures.
  > The common characteristics include the following core elements: (i) an exogenous shock, (ii) a favorable response to the exogenous shock, (iii) favorable conditions dissipate, and (iv) a systemic rise in bank failures.
  Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857
- [2273857-025](https://wulfkaal.github.io/claims/2273857-025) [mechanism/evidenced] -- An exogenous shock, often a fundamental technological advancement, starts the crisis sequence by creating conditions for optimism in the real and financial sectors of the economy.
  > An exogenous shock in the economy often starts this sequence of events by creating conditions for optimism in the real and financial sectors of the economy.
  Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/crisis-anatomy.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.