Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Three Essays On Banking Deposit Insurance And Financial Crises full books in PDF, epub, and Kindle. Read online Three Essays On Banking Deposit Insurance And Financial Crises ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author : Sungkyu Kwak
Publisher :
ISBN 13 :
Total Pages : 428 pages
Book Rating : 4.:/5 (319 download)
Download or read book Three Essays on Banking, Deposit Insurance, and Financial Crises written by Sungkyu Kwak and published by . This book was released on 2001 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Wen-Yao Wang
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (69 download)
Download or read book Essays on Banking Crises and Deposit Insurance written by Wen-Yao Wang and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: My research focuses on the reasons for banking crises and the corresponding policy rules that could help prevent such crises. This abstract briefly reviews the two essays in my dissertation. The first essay focuses on the optimal mechanism design of the deposit insurance system while the second essay studies the impact of international illiquidity on domestic banking crises. The Recent Deposit Insurance Reform in the U.S. raised the coverage limit for certain types of deposits. In chapter II, I study the optimal coverage limit in a model of deposit insurance in the banking system. Because of the coverage limit, depositors have incentives to monitor the bank's risk-taking behavior, threatening banks with the withdrawal of deposits if necessary. The model includes risk-taking banks, heterogeneous depositors, and a benevolent insurance company providing deposit insurance. I find that partial coverage combined with risk-sensitive premia in the presence of capital requirements can improve social welfare and manage banks' risktaking behavior. Moreover, when a partial coverage limit is in place, banks are better off by finding a balance between the higher premia and the depositors' monitoring and withdrawals. Unlike chapter II, chapter III focuses on the role played by international illiquidity. I build a dynamic general equilibrium model (DGEM) of a small, open economy. The features I include in the model are nontrivial demands for fiat currencies, unanticipated sunspots, and financial/banking crises originated by sudden stops of foreign capital inflows are. This chapter gives us a better understanding of the performance of alternative exchange rate regimes and associated monetary policies under a simple setup. I show the existence of multiple equilibria that may be ranked based on the presence of binding information constraints and on welfare. Moreover, I show that a strong connection of the scope for existence and for indeterminacy of equilibria with the underlying policy regime. I also find that the presence of binding multiple reserve requirements help in reducing the scope for financial fragility and panic equilibria.
Author : Salvador Valdes-Prieto
Publisher :
ISBN 13 :
Total Pages : 696 pages
Book Rating : 4.:/5 (6 download)
Download or read book Three Essays on Deposit Insurance, International Banking and Disinflation written by Salvador Valdes-Prieto and published by . This book was released on 1986 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Sangkyun Park
Publisher : Routledge
ISBN 13 : 1136300767
Total Pages : 218 pages
Book Rating : 4.1/5 (363 download)
Download or read book Contagion of Bank Failures (RLE Banking & Finance) written by Sangkyun Park and published by Routledge. This book was released on 2014-04-16 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the vulnerability of sound banks during financial crises helps understand the nature of financial crises and other banking issues traces the history of banking reform in the United States from 1933 until 1992 discusses deregulation in the US banking system
Author : Marieta Velikova
Publisher :
ISBN 13 :
Total Pages : 162 pages
Book Rating : 4.:/5 (244 download)
Download or read book Three Essays on Deposit Insurance written by Marieta Velikova and published by . This book was released on 2006 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hugh Rockoff
Publisher : Springer
ISBN 13 : 9811061963
Total Pages : 200 pages
Book Rating : 4.8/5 (11 download)
Download or read book Coping with Financial Crises written by Hugh Rockoff and published by Springer. This book was released on 2017-11-09 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume is based on original essays first presented at the World Economic History Conference, Kyoto, Japan, in August 2015. It also includes three essays subsequently written especially for this volume. All of the essays focus on financial markets in the periods leading up to, during, and after financial crises, and all are based on new data and archival research. The essays in this volume enlarge the range of historical evidence on the causes and potential cures for financial crises. While not neglecting the United States or Britain, the usual focus of financial historians, it includes studies of financial markets in times of crisis in Japan, Sweden, France, and other countries to achieve a truly global and historical perspective. As a result of the research reported here the reader will be made aware of several neglected factors that have shaped financial crises including the most recent crisis. These factors are (1) the role played by monetary policy in causing and ameliorating crises, (2) the role played by international contagion in private financial markets in propagating financial crises, (3) the role played by variations in the institutional structures of financial markets in determining the impact of financial crises, and (4) the role played by the social background of the central bankers who must contend with financial crises in determining the final outcome.
Author : G. G. Garcia
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (318 download)
Download or read book Deposit Insurance and Crisis Management written by G. G. Garcia and published by International Monetary Fund. This book was released on 2000-03 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: A well-designed deposit insurance system (DIS) will provide incentives for citizens to keep the financial system sound. However, a poorly designed DIS can foster a financial crisis. This paper, therefore, makes recommendations for creating and running a limited, incentive-compatible, DIS. The paper also examines factors in the decision to grant, temporarily, a comprehensive guarantee, and the design of that guarantee, should a systemic financial crisis nevertheless occur. It concludes with guidance on the removal of that guarantee.
Author : Ira Krasteva Petrova
Publisher :
ISBN 13 :
Total Pages : 346 pages
Book Rating : 4.3/5 (129 download)
Download or read book Three Essays in Financial Liberalization written by Ira Krasteva Petrova and published by . This book was released on 2004 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert F. Bruner
Publisher : John Wiley & Sons
ISBN 13 : 0470452587
Total Pages : 296 pages
Book Rating : 4.4/5 (74 download)
Download or read book The Panic of 1907 written by Robert F. Bruner and published by John Wiley & Sons. This book was released on 2009-04-27 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis." —Dwight B. Crane, Baker Foundation Professor, Harvard Business School "Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs." —Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University "A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past." —John Strangfeld, Vice Chairman, Prudential Financial "Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds." —Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business
Author : Itay Goldstein
Publisher :
ISBN 13 : 9781680830842
Total Pages : 80 pages
Book Rating : 4.8/5 (38 download)
Download or read book Three Branches of Theories of Financial Crises written by Itay Goldstein and published by . This book was released on 2015-12-15 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this monograph, we review three branches of theoretical literature on financial crises. The first deals with banking crises originating from coordination failures among bank creditors. The second deals with frictions in credit and interbank markets due to problems of moral hazard and adverse selection. The third deals with currency crises. We discuss the evolutions of these branches in the literature, and how they have been integrated recently to explain the turmoil in the world economy during the East Asian crises and in the last few years. We discuss the relation of the models to the empirical evidence and their ability to guide policies to avoid or mitigate future crises.
Author : Mr.Stijn Claessens
Publisher : International Monetary Fund
ISBN 13 : 1475561008
Total Pages : 66 pages
Book Rating : 4.4/5 (755 download)
Download or read book Financial Crises Explanations, Types, and Implications written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2013-01-30 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.
Download or read book Three Essays in Lending written by and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ben Bernanke
Publisher : Princeton University Press
ISBN 13 : 0691158738
Total Pages : 144 pages
Book Rating : 4.6/5 (911 download)
Download or read book The Federal Reserve and the Financial Crisis written by Ben Bernanke and published by Princeton University Press. This book was released on 2013-02-24 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collects a series of lectures the chairman of the U.S. Federal Reserve gave in 2012 about the Federal Reserve and the 2008 financial crisis.
Author : Kevin Dowd
Publisher : Psychology Press
ISBN 13 : 9780415137324
Total Pages : 400 pages
Book Rating : 4.1/5 (373 download)
Download or read book Laissez-faire Banking written by Kevin Dowd and published by Psychology Press. This book was released on 1996 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: An assessment and survey of current approaches in service provision to the elderly with psychological problems emphasizing every day clinical techniques currently used in the UK and the US. The 14 contributors evaluate general health care issues and psychogeriatric management as well as specific practices dealing with a range of disorders from Alzhemier's to Pick's disease concentrating on team approaches, community work, and individual therapy. Ten appendices supply suggested formats for statistical recording, consent forms, staff questionnaires, procedures, and outcome measures. Annotation copyrighted by Book News, Inc., Portland, OR
Author : Bethany McLean
Publisher : Penguin
ISBN 13 : 1101551054
Total Pages : 503 pages
Book Rating : 4.1/5 (15 download)
Download or read book All the Devils Are Here written by Bethany McLean and published by Penguin. This book was released on 2011-08-30 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hailed as "the best business book of 2010" (Huffington Post), this New York Times bestseller about the 2008 financial crisis brings the devastation of the Great Recession to life. As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers? According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, many devils helped bring hell to the economy. All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature. Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the financial meltdown and its consequences.
Author : Jean-Charles Rochet
Publisher : Princeton University Press
ISBN 13 : 9780691131467
Total Pages : 328 pages
Book Rating : 4.1/5 (314 download)
Download or read book Why Are There So Many Banking Crises? written by Jean-Charles Rochet and published by Princeton University Press. This book was released on 2008-01-23 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises--and the massive financial and social damage they can cause--remain common throughout the world. Does deposit insurance encourage depositors and bankers to take excessive risks? Are banking regulations poorly designed? Or are banking regulators incompetent? Jean-Charles Rochet, one of the world's leading authorities on banking regulation, argues that the answer in each case is "no." In Why Are There So Many Banking Crises?, he makes the case that, although many banking crises are precipitated by financial deregulation and globalization, political interference often causes--and almost always exacerbates--banking crises. If, for example, political authorities are allowed to pressure banking regulators into bailing out banks that should be allowed to fail, then regulation will lack credibility and market discipline won't work. Only by insuring the independence of banking regulators, Rochet says, can market forces work and banking crises be prevented and minimized. In this important collection of essays, Rochet examines the causes of banking crises around the world in recent decades, focusing on the lender of last resort; prudential regulation and the management of risk; and solvency regulations. His proposals for reforms that could limit the frequency and severity of banking crises should interest a wide range of academic economists and those working for central and private banks and financial services authorities.
Author : Jihad Dagher
Publisher : International Monetary Fund
ISBN 13 : 1484337743
Total Pages : 89 pages
Book Rating : 4.4/5 (843 download)
Download or read book Regulatory Cycles: Revisiting the Political Economy of Financial Crises written by Jihad Dagher and published by International Monetary Fund. This book was released on 2018-01-15 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial policy during ten of the most infamous financial booms and busts since the 18th century, and presents consistent evidence of pro-cyclical regulatory policies by governments. Financial booms, and risk-taking during these episodes, were often amplified by political regulatory stimuli, credit subsidies, and an increasing light-touch approach to financial supervision. The regulatory backlash that ensues from financial crises can only be understood in the context of the deep political ramifications of these crises. Post-crisis regulations do not always survive the following boom. The interplay between politics and financial policy over these cycles deserves further attention. History suggests that politics can be the undoing of macro-prudential regulations.
