Financial Crisis - The United States in the Early Twenty-First Century (Hardcover)

The 2007-2009 financial crisis caught many by surprise. When the dust began to settle, people began looking around and asking how this could have happened and why we did not see it coming. Criticism fell heavily on the economics profession because there was a feeling that the models and theories of economics had failed to properly warn and prepare us for a significant crisis. This book carefully analyses existing theories of financial crisis to determine if they are still appropriate for understanding modern financial crises. This is an important endeavour because financial crisis theory has largely been ignored for many years. Indeed, it has been almost twenty years since economists have seriously reconsidered financial crisis theory. This book fills that gap and offers insight into the current debate regarding the efficacy of economic models and theories relevant to understanding financial distress.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Series:	Palgrave Macmillan Studies in Banking and Financial Institutions
Release date:	February 2013
First published:	2013
Authors:	J. Hendrickson
Dimensions:	216 x 140 x 19mm (L x W x T)
Format:	Hardcover
Pages:	238
ISBN-13:	978-0-230-36881-1
Categories:	Books > Business & Economics > Economics > Financial crises & disasters
LSN:	0-230-36881-6
Barcode:	9780230368811

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