Gurbachan Singh

Banking Crises, Liquidity, and Credit Lines

A Macroeconomic Perspective

• Broschiertes Buch

Produktbeschreibung

The banking crisis in 2007-10 was one amongst many such crises in the past. This book provides a fresh approach to liquidity. It starts from basics and gradually builds up analysis of credit lines, with few technicalities. Though the analysis is theoretical, the book provides a historical background, a macroeconomic perspective, and policy implications. An integrated view of the pre-1983 and the post-1983 literature is provided. A solution to the related problem of sudden outflow of funds from emerging economies is also suggested.

Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 272
• Erscheinungstermin: 19. Mai 2014
• Englisch
• Abmessung: 234mm x 156mm x 14mm
• Gewicht: 386g
• ISBN-13: 9781138798700
• ISBN-10: 1138798703
• Artikelnr.: 42383232

Autorenporträt

Gurbachan Singh is a visiting faculty member in the Planning Unit (Department of Economics), Indian Statistical Institute (ISI), Delhi.

Inhaltsangabe

1. Introduction 2. Bank Solvency and Systemic Stability 3. The Rationale for Demand Deposits (and Short-Term Funds) 4. Literature Review
and the Road Ahead 5. Near-Systemic Bank Runs
Given Flexible More-Reputed Bank 6. Systemic Bank Runs
Given Flexible Central Bank 7. Systemic Bank Runs
Given Gold Standard 8. Implications of Inelastic Supply of Desired Assets 9. Bank Runs
Portfolio Choice
and Adjustment Mechanism 10. Bank Runs
Liquidity
and Consumption Smoothing 11. Bank Runs
and the Broad Policy Framework 12. Sudden Capital Outflow
Emerging Economies
and Credit Lines 13. 100% Reserve Banking
and the Nature of Inefficiency 14. More on Banking Crisis and Liquidity 15. Theory and the Actual Experience 16. Summing Up