000 01627cam a2200313 a 4500
008 071226s2007 enka 000 0 eng
020 _a9780199251414 (hbk.)
020 _a019925141X (hbk.)
020 _a9780199251421(pbk)
040 _aUKM
_cUKM
050 0 0 _aHB3722
_b.A357 2007
082 0 4 _a338.5'42
_bALL
100 1 _aAllen, Franklin,
245 1 0 _aUnderstanding financial crises /
260 _aOxford :
_bOxford University Press,
_c2009.
300 _ax, 303 p. :
500 _aClarendon lectures in finance.
504 _aIncludes bibliographical references and index.
520 _aIn this book the authors develop a theoretical approach to analyzing financial crises. Beginning with a review of the history of financial crises and providing readers with the basic economic tools needed to understand the literature, the authors construct a series of increasingly sophisticated models. Throughout, the authors guide the reader through the existing theoretical and empirical literature while also building on their own theoretical approach. The text presents the modern theory of intermediation, introduces asset markets and the causes of asset price volatility, and discusses the interaction of banks and markets. The book also deals with more specialized topics, including optimal financial regulation, bubbles and financial contagion.
590 _arpm 09/07/13
591 _aLoans
650 0 _aFinancial crises.
650 0 _aFinancial contagion
650 0 _aFinancial bubbles
650 0 _aFinancial regulation
700 1 _aGale, Douglas.
942 _2ddc
_cBOOK
949 _a338.5'42 ALL
999 _c125
_d125