Mohlo by se vám také líbit

Více informací o knize Debt, Financial Fragility, and Systemic Risk

• Parametry knihy
• Anotace
• Oblíbené z jiného soudku

Nákupem získáte 265 bodů

Anotace knihy

A remarkable feature of the period since 1970 has been the patterns of rapid and turbulent change in financing behaviour and financial structure in many advanced countries. These patterns have, in turn, often been marked by rising indebtedness, default on loans and periods of financial instability, whether in the non-financial sectors, the financial sector or both. This book explores, both in theoretical and empirical terms, the nature of the relationships between underlying phenomena; namely levels and changes in borrowing (debt), vulnerability to default in the corporate and household sectors (financial fragility), and widespread disorder in the financial sector (systemic risk). Davis focuses on the wider generality of the phenomena at issue whereby similar patterns are observable in several countries, but not in others, as well as in the international capital markets themselves. Particular attention is paid to the importance of the nature and evolution of financial structure to the genesis of instability. Given the international scope of the analysis, the work is germane to the study of the devlopment of financial systems in all advanced countries, as well as the euromarkets. It will be of particular relevance, however, in the US, Japan, Germany, France, the UK, and Canada, Italy, Australia, Sweden, Norway, Finland, whose experience is examined in detail. In this expanded and revised edition, the macroeconomic consequences of fragility and the appropriate policy response are examined in particular detail, with the analysis focusing on macroeconomic performance in eleven countries over 1988-93. A wide range of issues relating to financial stability, including risk in payments systems, derivatives, and property lending, are also considered.

Parametry knihy

Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics Macroeconomics

• Plný název: Debt, Financial Fragility, and Systemic Risk
• Autor: E.P. Davis
• Jazyk: Angličtina
• Vazba: Brožovaná
• Počet stran: 404
• EAN: 9780198233312
• ISBN: 0198233310
• ID: 04523567
• Nakladatelství: Oxford University Press
• Hmotnost: 632 g
• Rozměry: 233 × 154 × 25 mm
• Datum vydání: 05. October 1995

Oblíbené z jiného soudku

---

---

---