عنوان
پدید آورنده
موضوع
رده
HB 3717 2008 .F75 2011
HB
3717
2008
.
F75
2011
کتابخانه
محل استقرار
INTERNATIONAL STANDARD BOOK NUMBER
(Number (ISBN
0812243579 (hardcover : alk. paper)
(Number (ISBN
9780812243574 (hardcover : alk. paper)
NATIONAL BIBLIOGRAPHY NUMBER
Number
b523523
TITLE AND STATEMENT OF RESPONSIBILITY
Title Proper
Engineering the financial crisis :
General Material Designation
[Book]
Other Title Information
systemic risk and the failure of regulation /
First Statement of Responsibility
Jeffrey Friedman and Wladimir Kraus.
EDITION STATEMENT
Edition Statement
1st ed.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Philadelphia :
Name of Publisher, Distributor, etc.
University of Pennsylvania Press,
Date of Publication, Distribution, etc.
c2011.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
x, 212 p. :
Other Physical Details
ill. ;
Dimensions
24 cm.
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (p. [175]-200) and index.
CONTENTS NOTE
Text of Note
Bonuses, irrationality, and too bigness : the conventional wisdom about the financial crisis and its theoretical implications -- Capital adequacy regulations and the financial crisis : bankers' and regulators' errors -- The interaction of regulations and the great recession : fetishizing market prices -- Capitalism and regulation : ignorance, heterogeneity, and systemic risk.
0
SUMMARY OR ABSTRACT
Text of Note
"In one of the first studies critically to examine the Basel Accords, this book reveals the crucial role that bank capital requirements and other government regulations played in the recent financial crisis. Jeffery Friedman and Wladmir Kraus argue that by encouraging banks to invest in highly rated mortgage-backed bonds, the Basel Accords created an overconcentration of risk in the banking industry. In addition, accounting regulations required banks to reduce lending if the temporary market value of these bonds declined, as they did in 2007 and 2008 during the panic over subprime mortgage defaults."--Jacket.
SPINE TITLE
Spine Title
Financial crisis
TITLE USED AS SUBJECT
Basel II, (2004)
Basle Accord, (1988)
TOPICAL NAME USED AS SUBJECT
Bank capital-- Law and legislation.
Banks and banking-- Risk management.
Economics-- Political aspects.
Financial crises-- United States-- History-- 21st century.
Global Financial Crisis, 2008-2009.
LIBRARY OF CONGRESS CLASSIFICATION
Class number
HB
3717
2008
Book number
.
F75
2011
PERSONAL NAME - PRIMARY RESPONSIBILITY
Friedman, Jeffrey,1959-
PERSONAL NAME - ALTERNATIVE RESPONSIBILITY
Kraus, Wladimir.
ORIGINATING SOURCE
Date of Transaction
20120910114652.0
ELECTRONIC LOCATION AND ACCESS
Electronic name
مطالعه متن کتاب [Book]
Y
