Cantitate/Preț
Produs

Three Branches of Theories of Financial Crises: Foundations and Trends(r) in Finance, cartea 34

Autor Itay Goldstein, Assaf Razin
en Limba Engleză Paperback – 14 dec 2015
Three Branches of Theories of Financial Crises presents basic frameworks linked to the broad topic of financial crises and describes some of the directions in which they influenced the literature and the way they relate to recent events. The authors also address some of the policy challenges, shedding light on them using the analytical tools at hand so that this survey will help to highlight the basic underlying forces that have been studied in the literature for over three decades in a simple and transparent way. It will be an easy and accessible source to the many economists who are interested in exploring the topic of financial crises following recent events. After the Introduction, Section 2 reviews the literature on banking crises and panics. This literature is perhaps most directly linked to the concept of crises. While Section 2 emphasizes fragility faced by financial institutions due to coordination failures by their creditors, Section 3 reviews models that analyze frictions in loans extended by financial institutions and other lenders. Overall, the models of Sections 2 and 3 highlight fragility on the different sides of the balance sheet of a financial institution. Another literature that evolved independently is focused on currency crises. Traditionally, these were viewed as a separate phenomenon, unrelated to banking crises, but more recently the literatures have moved towards each other. Section 4 reviews models of currency crises and Section 5 provides concluding remarks.
Citește tot Restrânge

Din seria Foundations and Trends(r) in Finance

Preț: 37491 lei

Nou

Puncte Express: 562

Preț estimativ în valută:
7175 7617$ 5979£

Carte tipărită la comandă

Livrare economică 26 decembrie 24 - 09 ianuarie 25

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9781680830842
ISBN-10: 1680830848
Pagini: 80
Dimensiuni: 156 x 234 x 4 mm
Greutate: 0.13 kg
Editura: Now Publishers
Seria Foundations and Trends(r) in Finance