Cargando…

The maze of banking : history, theory, crisis /

"After the financial crisis of 2007-2008, analysts continue to question the security of banking sectors in nations in Europe, Latin America, Asia, and Africa. Why do such crises recur? What is it about the accumulation of bank debt that potentially jeopardizes national and global banking system...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Gorton, Gary (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Oxford University Press, [2015]
Temas:
Acceso en línea:Texto completo

MARC

LEADER 00000cam a2200000Ii 4500
001 EBSCO_ocn901263489
003 OCoLC
005 20231017213018.0
006 m o d
007 cr cnu|||unuuu
008 150130s2015 nyua ob 001 0 eng d
040 |a N$T  |b eng  |e rda  |e pn  |c N$T  |d N$T  |d E7B  |d BTCTA  |d CDX  |d OCLCF  |d YDXCP  |d OCLCQ  |d OCLCO  |d NHM  |d UAB  |d MOR  |d VGM  |d OCLCQ  |d NJR  |d OCLCQ  |d OCLCA  |d UUM  |d OCLCA  |d OCLCQ  |d U3W  |d LOA  |d AU@  |d VT2  |d OCLCQ  |d BWN  |d UKAHL  |d OCLCO  |d OCLCQ 
019 |a 1103274055  |a 1117824476  |a 1165708610 
020 |a 9780190204846  |q (electronic bk.) 
020 |a 0190204842  |q (electronic bk.) 
020 |a 9781322871233 
020 |a 132287123X 
020 |z 9780190204839  |q (hbk. ;  |q alk. paper) 
020 |z 0190204834  |q (hbk. ;  |q alk. paper) 
029 1 |a AU@  |b 000054572747 
029 1 |a CHNEW  |b 000711200 
029 1 |a DEBBG  |b BV042741112 
035 |a (OCoLC)901263489  |z (OCoLC)1103274055  |z (OCoLC)1117824476  |z (OCoLC)1165708610 
037 |a 1934264  |b Proquest Ebook Central 
050 4 |a HG1601  |b .G675 2015e 
072 7 |a BUS  |x 027000  |2 bisacsh 
082 0 4 |a 332.1  |2 23 
049 |a UAMI 
100 1 |a Gorton, Gary,  |e author. 
245 1 4 |a The maze of banking :  |b history, theory, crisis /  |c Gary B. Gorton. 
264 1 |a New York :  |b Oxford University Press,  |c [2015] 
300 |a 1 online resource (xiii, 674 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
504 |a Includes bibliographical references and index. 
588 0 |a Online resource; title from e-book title screen (Ebrary platform, viewed March 21, 2016). 
520 |a "After the financial crisis of 2007-2008, analysts continue to question the security of banking sectors in nations in Europe, Latin America, Asia, and Africa. Why do such crises recur? What is it about the accumulation of bank debt that potentially jeopardizes national and global banking systems? There is no one better-equipped to answer such questions than Gary Gorton, who has been studying financial crises since his PhD thesis in 1983. The Maze of Banking contains a collection of his academic papers on the subjects of banks, banking, and financial crises. The papers in this volume span almost 175 years of U.S. banking history, from pre-U.S. Civil War private bank notes issued during the U.S. Free Banking Era (1837-1863), followed by the U.S. National Banking Era (1863-1914) before there was a central bank, through loan sales, securitization, and the financial crisis of 2007-2008. Banking changed profoundly during these 175 years, yet it did not change in fundamental ways. The forms of money changed, resulting in associated changes in the information structure of the economy. Bank debt evolved as an instrument for storing value, smoothing consumption, and transactions, but its fundamental nature did not change. In all its forms, it is vulnerable to bank runs without government intervention. Comprehensive and informative, the collection is the definitive volume on the history of the U.S. banking system. These papers provide the framework for understanding how the financial crisis of 2007-2008 developed and steps to promote a stable banking industry, thereby preventing future economic crises. The Maze of Banking is essential reading material for students and academics with an interest in economics, finance, and the history of banking."--  |c Publisher's website. 
505 0 |a Cover -- The Maze of Banking -- Copyright -- Dedication -- Contents -- Acknowledgments -- 1 Introduction -- Part I Bank Debt -- 2 Financial Intermediaries and Liquidity Creation -- 3 Reputation Formation in Early Bank Note Markets -- 4 Pricing Free Bank Notes -- 5 The Development of Opacity in U.S. Banking* -- PART II Banking Panics -- 6 Bank Suspension of Convertibility -- 7 Banking Panics and Business Cycles* -- 8 Clearinghouses and the Origin of Central Banking in the United States -- 9 The Joint Production of Confidence: Endogenous Regulation and Nineteenth Century Commercial-Bank Clearinghouses -- 10 Bank Panics and the Endogeneity of Central Banking -- 11 Liquidity, Efficiency, and Bank Bailouts -- Part III What Do Banks Do? -- 12 The Design of Bank Loan Contracts -- 13 Universal Banking and the Performance of German Firms* -- 14 Bank Credit Cycles -- Part IV Change in Banking -- 15 Corporate Control, Portfolio Choice, and the Decline of Banking -- 16 Banks and Loan Sales Marketing Nonmarketable Assets -- 17 Special Purpose Vehicles and Securitization* -- Part V The Crisis of 2007-2008 -- 18 Questions and Answers about the Financial Crisis* -- 19 Collateral Crises -- 20 Some Reflections on the Recent Financial Crisis -- Index. 
590 |a eBooks on EBSCOhost  |b EBSCO eBook Subscription Academic Collection - Worldwide 
650 0 |a Banks and banking. 
650 0 |a Banks and banking  |x History. 
650 0 |a Bank failures. 
650 0 |a Financial crises. 
650 6 |a Banques  |x Faillites. 
650 7 |a BUSINESS & ECONOMICS  |x Finance.  |2 bisacsh 
650 7 |a Bank failures.  |2 fast  |0 (OCoLC)fst00826658 
650 7 |a Banks and banking.  |2 fast  |0 (OCoLC)fst00826867 
650 7 |a Financial crises.  |2 fast  |0 (OCoLC)fst00924607 
655 7 |a History.  |2 fast  |0 (OCoLC)fst01411628 
776 0 8 |i Print version:  |z 9780190204839  |w (DLC) 2015297266  |w (OCoLC)898157611 
856 4 0 |u https://ebsco.uam.elogim.com/login.aspx?direct=true&scope=site&db=nlebk&AN=944709  |z Texto completo 
938 |a Askews and Holts Library Services  |b ASKH  |n AH28300861 
938 |a Baker and Taylor  |b BTCP  |n BK0016208416 
938 |a Coutts Information Services  |b COUT  |n 30557514 
938 |a ebrary  |b EBRY  |n ebr11014169 
938 |a EBSCOhost  |b EBSC  |n 944709 
938 |a YBP Library Services  |b YANK  |n 12261303 
994 |a 92  |b IZTAP