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Paperback The Global Economic System: How Liquidity Shocks Affect Financial Institutions and Lead to Economic Crises Book
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ISBN: 0134119711

ISBN13: 9780134119717

The Global Economic System: How Liquidity Shocks Affect Financial Institutions and Lead to Economic Crises

by , , , et al.
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Written for financial professionals, the authors thoroughly explain the modern global credit system; the roles of banks, hedge funds, insurers, central banks, mortgage markets, and other participants; and the credit-related instruments they rely on. In particular, the authors illuminate the crucial importance of liquidity, and show why liquidity failures have been the key cause of all major market crashes for the past several decades. The Global...

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Format: Paperback

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Business Business & Investing Economics

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