As the world's financial markets become increasingly integrated and competitive Financial Systems: Principals and Organization offers an explanation of how and why change occurs.
Current systems are failing the poor because these systems are unable to provide the financial inclusion needed for basic subsistence and commerce, which in turn would drive micro- and macro-economic growth.
Trying to summarize the essentials of macroeconomic theory in the wake of the financial crisis that has shaken not only Western economies but also the macroeconomic profession is no easy task.
Research in macroeconomics in the last thirty years has featured, almost exclusively on two characteristics: an emphasis on the microfoundations of macroeconomics and secondly, intertemporal economics, that is, the behavior of economic actors over time.
First published in 1992, this title conducts an in-depth examination of the investment behaviour of pension funds, presenting the first econometric model in this area.
This volume, originally published in 1958, contains a selection of the most important and interesting articles by Knut Wicksell, which had hitherto only been published in Swedish.
The studies collected in this volume embody the results of research conducted in the mid 1950s into various theoretical problems in international economics.
Monetary Policy in Low Financial Development Countries provides a broad coverage of the monetary policy issues faced by developing countries with low financial depth.
This book provides a comprehensive and critical analysis of research outcomes on the equity home bias puzzle - that people overinvest in domestic stocks relative to the theoretically optimal investment portfolio.
First published in book form in 1981, this collection of essays originally written between 1955 and 1966 contains ground-breaking research and analysis on the study of wages and prices across seven centuries, with particular reference to builder's wage rates and the price of a bundle of the commodities on which these wages might be spent.
First published in 1990, International Bond Markets analyses how the markets in public-sector debt have developed and how they operate in a number of countries, including those with chronic budget deficits.
Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes's macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts' ability to readily resolve disputes in modern macroeconomics.
Forrest Capie is an eminent economic historian who has published extensively on a wide range of topics, with an emphasis on banking and monetary history, particularly in the nineteenth and twentieth centuries, but also in other areas such as tariffs and the interwar economy.
This book considers the treatment of equilibrium by several of the most important schools of thought in economics, including:* neoclassical economics,* the neo-Ricardian economics,* Post-Keynesian economics - both those who follow Joan Robinson in denying any interpretative role to equilibrium in economic theorizing and those who use the notion of equilibrium, but re-defined from a Classical or Keynesian perspective.
Due to a historical lack of attention to the importance of modelling, measuring and managing risk, senior bank leaders are struggling to implement unified practices within their financial institutions that could address the gaps posed by risky management behaviour, rogue trading, liquidity crises, prohibited investments in mortgage-backed securities, and default risks aligned with loans.
Originally published in 1940, this book traces the development of theories concerning currency and credit from the beginning of the eighteenth century to the middle of the twentieth.
A Highly Visual Guide To Developing A Personal Forex Trading Strategy Getting Started In Forex Trading Strategies "e;A great next step to read for the beginning trader.
The Economic and Financial Impacts of the COVID-19 Crisis Around the World: Expect the Unexpected provides an informed, research-based in-depth understanding of the COVID-19 crisis, its impacts on households, nonfinancial firms, banks, and financial market participants, and the effectiveness of the reactions of governments and policymakers in the United States and around the world.
The essays in this book, originally published in 1984, examine many problems within the structure of industry including wage policies, financial incentives and other economic policies.
A retrospective on the Federal Reserve, these essays by leading historians and economists investigate how financial infrastructure shapes economic outcomes.
The essays in this edited collection, first published in 1986, focus on important debates surrounding the central Marxian problem of the transformation of values into prices.
This book adopts a nontechnical approach to explaining the basis for trade between countries and the role of firms in global trade and describes the effect of tariffs and fluctuations in exchange rates on a company's sales, costs, and profitsThe study of international economics has never been more vital than it is today.
This edited collection assesses the level of financial integration in the European Union (EU) and the differences across the countries and segments of the EU financial system.