Financial Crises

Franklin Allen, Douglas Gale (Herausgeber)

Buch | Hardcover

616 Seiten

2008
Edward Elgar Publishing Ltd (Verlag)
978-1-84376-424-3 (ISBN)

Artikel merken

This important volume presents key contributions to the study of financial crises from many different areas of economics. The book offers an economic history of financial crises, empirical studies of crises in the modern era, and classic works on the theory of banking crises. It also covers specialized topics, with sections on currency crises and financial contagion. Undergraduate students of money, banking, macroeconomics and financial crises alike will find this collection to be an invaluable overview of a critical area of study.

Edited by Franklin Allen, Professor of Finance and Economics, Business School and Director of the Brevan Howard Centre for Financial Analysis, Imperial College London, UK and Douglas Gale, Department of Economics, New York University, US

Contents:

Acknowledgements

IntroductionFranklin Allen and Douglas Gale

PART ICRISES IN HISTORICAL PERSPECTIVE
1. Michael Bordo, Barry Eichengreen, Daniela Klingebiel and Maria Soledad Martinez-Peria (2001), ‘Is the Crisis Problem Growing More Severe?’
2. Gary Gorton (1988), ‘Banking Panics and Business Cycles’
3. Charles W. Calomiris and Joseph R. Mason (2003), ‘Fundamentals, Panics, and Bank Distress During the Depression’

PART II EMPIRICAL STUDIES OF CRISES
4. John H. Boyd, Sungkyu Kwak and Bruce Smith (2005), ‘The Real Output Losses Associated with Modern Banking Crises’
5. Graciela L. Kaminsky and Carmen M. Reinhart (1999), ‘The Twin Crises: The Causes of Banking and Balance-of-Payments Problems’
6. Graciela L. Kaminsky, Carmen M. Reinhart and Carlos A. Végh (2003), ‘The Unholy Trinity of Financial Contagion’

PART III BANKING CRISES
7. John Bryant (1980), ‘A Model of Reserves, Bank Runs, and Deposit Insurance’
8. Douglas W. Diamond and Philip H. Dybvig (1983), ‘Bank Runs, Deposit Insurance, and Liquidity’
9. Charles W. Calomiris and Charles M. Kahn ([1991] 2001), ‘The Role of Demandable Debt Structuring Optimal Banking Arrangements’
10. Franklin Allen and Douglas Gale (1998), ‘Optimal Financial Crises’
11. Franklin Allen and Douglas Gale (2004), ‘Financial Intermediaries and Markets’
12. Jean-Charles Rochet and Xavier Vives (2004), ‘Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All?’
13. Itay Goldstein and Ady Pauzner (2005), ‘Demand-Deposit Contracts and the Probability of Bank Runs’
14. Franklin Allen and Douglas Gale (2000), ‘Bubbles and Crises’
15. Douglas W. Diamond and Raghuram G. Rajan (2006), ‘Money in a Theory of Banking’

PART IVCURRENCY CRISES
16. Paul Krugman (1979), ‘A Model of Balance-of-Payments Crises’
17. Robert P. Flood and Peter M. Garber (1984), ‘Gold Monetization and Gold Discipline’
18. Maurice Obstfeld (1996), ‘Models of Currency Crises with Self-Fulfilling Features’
19. Stephen Morris and Hyun Song Shin (1998), ‘Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks’
20. Roberto Chang and Andres Velasco (2001), ‘A Model of Financial Crises in Emerging Markets’

PART VFINANCIAL CONTAGION
21. Franklin Allen and Douglas Gale (2000), ‘Financial Contagion’
22. Laura E. Kodres and Matthew Pritsker (2002), ‘A Rational Expectations Model of Financial Contagion’

Name Index

Erscheint lt. Verlag	29.2.2008
Reihe/Serie	The International Library of Critical Writings in Economics series
Verlagsort	Cheltenham
Sprache	englisch
Maße	169 x 244 mm
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
Themenwelt	Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
ISBN-10	1-84376-424-5 / 1843764245
ISBN-13	978-1-84376-424-3 / 9781843764243
Zustand	Neuware