Money, Banking, and the Business Cycle provides a comprehensive framework for analyzing these mechanisms, and offers a robust prescription for reducing financial instability over the long-term. Volume I bridges tough economic theory with empirical evidence. "This two-volume wor…
The business cycle is a complex phenomenon. On the surface, it involves a multitude of mechanisms, such as oscillations in interest rates, prices, wages, unemployment, output, and spending. But a deeper understanding requires a unifying theory to make these various parts whole. …
This book examines the effectiveness of surveillance by international institutions for financial crisis prevention. It discusses issues relating to designing effective micro- and macro-prudential policies, their mixes and their coordination with monetary policies for achieving f…
This book explains all aspects of financial risk and financial institution regulation, helping readers better understand the financial markets and potential dangers. This new fourth edition has been updated to reflect the major developments in the industry, including the finaliz…
The modeling of dependence structures (or copulas) is undoubtedly one of the key challenges for modern financial engineering. First applied to credit-risk modeling, copulas are now widely used across a range of derivatives transactions, asset pricing techniques, and risk models,…
Whether the workings of financial markets do, or should, support sustainable development is the primary question of this study. Other questions examined may become increasingly important as populations grow and developing countries enter financial markets.
Although the current day-to-day operations of Central Banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole is generally accepted without much question and despite several attempts to challenge the value of th…
"Under the rule of the new economic order, injustice increases every day; poverty has become a universal problem; inhumane working conditions, inadequate wages, social insecurity and an unhealthy labor market continue to persist. Many states are also unable to produce policies c…
The author, a noted economist and diplomat, traces the evolution of money and the institutions and techniques for its management and mismanagement from Lydian coinage to 20th century inflation.
28 Business Thinkers Who Changed the World is a guide to the people who have fundamentally reshaped their industries and the way we do business today. Some of these game changers are great intellectuals while others are 'gut instinct' types; some are motivated by desire to chang…
This book is a guide to the people who have shaped the way we do business today. Some are great intellectuals while others are "gut instinct" types. Some want to change the world while others want money and power. The author takes readers through the top business brains of our t…
This report is an output of base erosion and profit shifting (BEPS) Action 4 and includes the 2015 Report and the outcomes of further work completed in 2016 on elements of the design and operation of the group ratio rule and approaches to address BEPS involving interest in the b…
