The Challenge of Financial Stability: A New Model and its Applications - Image 1

£75.07

Edward Elgar Publishing The Challenge of Financial Stability: A New Model and its Applications

Name: The Challenge of Financial Stability: A New Model and its Applications
Brand: Edward Elgar Publishing
Price: 75.07 GBP
Availability: InStock

Economics

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Description

The achievement of financial stability is one of the most pressing issues today. This timely and innovative book provides an analytical framework to assess financial (in)stability as an equilibrium phenomenon compatible with the orderly functioning of a modern market economy. The authors expertly show how good regulatory policy can be implemented and that its effects on the real as well as the nominal side of the economy can be properly analyzed. The core of their approach is to take realistic account of the interaction between endogenous default, agent heterogeneity and money and liquidity, and suggest how a quantifiable metric of financial fragility could be developed. This insightful book will serve as a basis for future work on financial stability management for both academics and policy makers and provide guidance on how to undertake crisis prevention and resolution.

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Used Book in Good Condition

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1847208940
Category: Books > Subjects > Business, Finance & Law > Economics
Domain: Amazon UK
Release Date: 30 April 2012
Listed Since: 09 February 2012

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Edward Elgar Publishing The Challenge of Financial Stability: A New Model and its Applications

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