This book presents the Clarendon Lectures in Finance by one of the leading exponents of financial booms and crises. Hyun Song Shin's work has shed light on the recent global financial crisis and he has been a central figure in the policy debates. The paradox of the global financial crisis is that it erupted in an era when risk management was at the core of the management of the most sophisticated financial institutions. This book explains why. The severity of the crisis is explained by financial development that put marketable assets at the heart of the financial system, and the increased sophistication of financial institutions that held and traded the assets. Step by step, the lectures build an analytical framework that take the reader through the economics behind the fluctuations in the price of risk and the boom-bust dynamics that follow. The book examines the role played by market-to-market accounting rules and securitisation in amplifying the crisis, and draws lessons for financial architecture, financial regulation and monetary policy. This book will be of interest to all serious students of economics and finance who want to delve beneath the outward manifestations to grasp the underlying dynamics of the boom-bust cycle in a modern financial system - a system where banking and capital market developments have become inseparable.
發表於2025-02-02
Risk and Liquidity 2025 pdf epub mobi 電子書 下載
這麼牛的一本書竟然沒人關注,天理不容啊。順便說一下,國內的金融學術圈子變的很奇怪,幾個名校韆方百計引海龜,不惜重金的,(幾個主要商學院教授年薪基本上比國內投行的工資還高)。本意是好的,想讓他們把新的理論帶迴來,結果他們一迴來就啥也不做瞭,或者啥也做不...
評分這麼牛的一本書竟然沒人關注,天理不容啊。順便說一下,國內的金融學術圈子變的很奇怪,幾個名校韆方百計引海龜,不惜重金的,(幾個主要商學院教授年薪基本上比國內投行的工資還高)。本意是好的,想讓他們把新的理論帶迴來,結果他們一迴來就啥也不做瞭,或者啥也做不...
評分這麼牛的一本書竟然沒人關注,天理不容啊。順便說一下,國內的金融學術圈子變的很奇怪,幾個名校韆方百計引海龜,不惜重金的,(幾個主要商學院教授年薪基本上比國內投行的工資還高)。本意是好的,想讓他們把新的理論帶迴來,結果他們一迴來就啥也不做瞭,或者啥也做不...
評分這麼牛的一本書竟然沒人關注,天理不容啊。順便說一下,國內的金融學術圈子變的很奇怪,幾個名校韆方百計引海龜,不惜重金的,(幾個主要商學院教授年薪基本上比國內投行的工資還高)。本意是好的,想讓他們把新的理論帶迴來,結果他們一迴來就啥也不做瞭,或者啥也做不...
評分這麼牛的一本書竟然沒人關注,天理不容啊。順便說一下,國內的金融學術圈子變的很奇怪,幾個名校韆方百計引海龜,不惜重金的,(幾個主要商學院教授年薪基本上比國內投行的工資還高)。本意是好的,想讓他們把新的理論帶迴來,結果他們一迴來就啥也不做瞭,或者啥也做不...
圖書標籤: 金融 經濟學 博士論文 risk finance Finance 經濟金融 shin
Shin去BIS當首席太適閤不過瞭~
評分Shin去BIS當首席太適閤不過瞭~
評分Shin去BIS當首席太適閤不過瞭~
評分a good perspective
評分Shin去BIS當首席太適閤不過瞭~
Risk and Liquidity 2025 pdf epub mobi 電子書 下載