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Credit, Intermediation, and the Macroeconomy
By:Sudipto Bhattacharya,Arnoud W. A. Boot,Willem Alexander Boot,Anjan V. Thakor
Published on 2004 by Oxford University Press on Demand

Developments in theories of financial markets and institutions, using the tools of the economics of uncertainty and of contracts, as well as results in game theory, have, over the last two decades, constituted an exciting and burgeoning field of research. This collection of readings drawstogether highlights of the 'second generation' literature in this area, emphasizing the theoretical, institutional, and policy-oriented regulatory implications of some of the key modelling techniques in the field.The collection divides into seven sections covering the monitoring role of banks and other intermediaries; liquidity demand and the role of banks and the government; bank runs and financial crises; bank regulation; inter-bank competition and bank--firm relationships; comparative financial systems;and imperfect credit markets and the macroeconomy. Each section comprises four articles previously published in top-ranking economics and finance journals, plus a discussion by a prominent scholar, who provides a synthesis and critique of the literature, and suggests promising directions for futureresearch and application of results.

This Book was ranked at 4 by Google Books for keyword Credit theory of money.

Book ID of Credit, Intermediation, and the Macroeconomy's Books is ArZlZSptebsC, Book which was written bySudipto Bhattacharya,Arnoud W. A. Boot,Willem Alexander Boot,Anjan V. Thakorhave ETAG "heCDloR6qKk"

Book which was published by Oxford University Press on Demand since 2004 have ISBNs, ISBN 13 Code is 9780199243068 and ISBN 10 Code is 0199243069

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Book which have "916 Pages" is Printed at BOOK under CategoryBusiness and Economics

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