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Credit, Intermediation, and the Macroeconomy : models and perspectives / S. Bhattacharya, A. W. A. Boot & A. V. Thakor

£9.99

Product description

This paperback book is in very good condition. The cover is in very good condition, with only slight signs of wear and an uncreased spine. The page edges are lightly marked, but internally the pages are in excellent condition - clean, tight and unmarked.

Developments in theories of financial markets and institutions, using the tools of the economics of uncertainty and of contracts, as well as results in game theory, have, over the last two decades, constituted an exciting and burgeoning field of research. This collection of readings draws together highlights of the 'second generation' literature in this area, emphasizing the theoretical, institutional, and policy-oriented regulatory implications of some of the key modelling techniques in the field. The collection divides into seven sections covering the monitoring role of banks and other intermediaries; liquidity demand and the role of banks and the government; bank runs and financial crises; bank regulation; inter-bank competition and bank-firm relationships; comparative financial systems; and imperfect credit markets and the macroeconomy. Each section comprises four articles previously published in top-ranking economics and finance journals, plus a discussion by a prominent scholar, who provides a synthesis and critique of the literature, and suggests promising directions for future research and application of results.

Item details

Author(s):
Sudipto Bhattacharya, Arnoud W. A. Boot & Anjan V. Thakor
Condition:
Used: very good
Dimensions:
15 x 23 x 4.5 cm
Edition:
1st
Format:
Paperback
ISBN-10:
0199243069
ISBN-13:
9780199243068
Number of pages:
916
Publisher:
Oxford University Press (2004)
Title:
Credit, Intermediation, and the Macroeconomy

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About this item

This paperback book is in very good condition. The cover is in very good condition, with only slight signs of wear and an uncreased spine. The page edges are lightly marked, but internally the pages are in excellent condition - clean, tight and unmarked.

Developments in theories of financial markets and institutions, using the tools of the economics of uncertainty and of contracts, as well as results in game theory, have, over the last two decades, constituted an exciting and burgeoning field of research. This collection of readings draws together highlights of the 'second generation' literature in this area, emphasizing the theoretical, institutional, and policy-oriented regulatory implications of some of the key modelling techniques in the field. The collection divides into seven sections covering the monitoring role of banks and other intermediaries; liquidity demand and the role of banks and the government; bank runs and financial crises; bank regulation; inter-bank competition and bank-firm relationships; comparative financial systems; and imperfect credit markets and the macroeconomy. Each section comprises four articles previously published in top-ranking economics and finance journals, plus a discussion by a prominent scholar, who provides a synthesis and critique of the literature, and suggests promising directions for future research and application of results.

Author(s):
Sudipto Bhattacharya, Arnoud W. A. Boot & Anjan V. Thakor
Condition:
Used: very good
Dimensions:
15 x 23 x 4.5 cm
Edition:
1st
Format:
Paperback
ISBN-10:
0199243069
ISBN-13:
9780199243068
Number of pages:
916
Publisher:
Oxford University Press (2004)
Title:
Credit, Intermediation, and the Macroeconomy

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