This book examines banking crises from the perspective of
liquidity, offering a theoretical analysis that also sets the
recent global financial crisis in its historical perspective.
Liquidity in the context of a banking crisis can refer either to
currency or flexible goods. This book explores both views, arguing
that a liquidity problem should be seen as an increased demand for
currency. The book also addresses the question of whether systemic
panic bank runs are always a case of market failure.
The volume examines where and how the market can fail in taking
care of the liquidity problem, and explores the government 's role,
offering suggestions for a new policy framework. This book will be
of great interest to students and researchers in the field of
banking and finance, as well as to practitioners and policy
makers.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
