Credit, Intermediation, and the Macroeconomy: Models and Perspectives

ISBN-13: 9780199243068 / Angielski / Miękka / 2004 / 928 str.

Sudipto Bhattacharya; Arnoud Boot; Anjan Thakor

Opis

Understanding the functioning of the financial sector--and the intermediary institutions comprising it--is of major importance in analyzing the allocational efficiency of modern economies, the sources of fluctuations within them, and the possible crises inherent in their structure of interlinkages. This collection of papers, substantial editorial, and discussions by eminent economists brings together some of the most important research in the area of financial theory from the past fifteen years.

O autorze

Sudipto Bhattacharya is currently Professor of Finance in the Department of Accounting and Finance at the London School of Economics and Political Science. Previously, he has taught at the Universities of Chicago, Stanford, Berkeley, Michigan, and Delhi. Arnoud Boot is Professor of Corporate Finance and Financial Markets at the Faculty of Economics and Econometrics at the University of Amsterdam and advisor to the Riksbanken (Central Bank of Sweden). He is also Research Fellow at the Centre for Economic Policy Research (CEPR) in London and at the Davidson Institute of the University of Michigan. Anjan Thakor is Edward J. Frey Professor of Banking and Finance at the University of Michigan Business School. He previously held appointments at Indiana University and UCLA.