Market design

auctions and matching

This book offers an introduction to market design, providing students with a broad overview of issues related to the design and analysis of market mechanisms. It defines a market as a demand and a supply, without specifying a price system or mechanism. This allows the ...

Contestants, profiteers, and the political dynamics of marketization

how shareholders gained control rights in Britain, Germany, and France

Since the early 1980s, governments worldwide have taken many measures to expand the role of markets. Recent political events reflect widespread disenchantment with neoliberal policies, but it remains doubtful whether populist leaders will deliver the market restraints that many of their voters expect. This book ...

Brexit and financial services

Law and policy

This timely book examines the legal and regulatory implications of Brexit for financial services. The UK's withdrawal from the EU is likely to have significant market, political, and policy consequences for the UK financial system, for the single market and the euro area, and ...

When things don't fall apart

global financial governance and developmental finance in an Age of Productive Incoherence

An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global financial crisis. In When Things Don't Fall Apart, Ilene Grabel challenges the dominant view that the global financial crisis ...

Islamic banking and finance in Europe

the case of Germany and United Kingdom: a theoretical and an empirical analysis

The Islamic financial industry is expanding rapidly into non-Muslim countries including Western Europe. The author analyses what the prospects of success for an Islamic mode of banking and finance in Germany are at the retail level. The quantitative study revealed that two-thirds of respondents were ...

Fed power

how finance wins

The Federal Reserve, created nearly a century ago, is the most powerful central bank in the world. The Fed's power, which derives from its ability to alter the money supply and move interest rates, weighs heavily not only on the US economy, but on ...

The financial system, financial regulation and central bank policy

Traditional money and banking textbooks are long, expensive, and full of so much institutional and technical modeling detail that students cannot understand the big picture. Thomas F. Cargill presents a new alternative: a short, inexpensive book without the 'bells and whistles' that teaches students the ...

The economics of continuous-time finance

An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathematical rigor and economic interpretation of financial market regularities. This book introduces the economic applications of the theory of continuous-time finance, with the goal of enabling the construction of ...

Charlie Munger

the complete investor

This book presents the essential steps of Munger's investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Munger's approach is straightforward enough that ordinary investors ...

El dinero de los demás

el verdadero negocio de las finanzas

El sector financiero es, sin duda, necesario, pero& ¿lo es también todo lo que le rodea? En los últimos tiempos, el mundo de las finanzas ha crecido demasiado, se ha distanciado de los negocios ordinarios y de la vida cotidiana, para convertirse en una industria ...

Regulatory crisis

negotiating the consequences of risk, disasters and crises

Using a new concept - 'regulatory crisis' - this book examines how major crises may or may not affect regulation. The authors provide a detailed analysis of selected well-known disasters, tracing multiple interwoven sources of influence and competing narratives shaping crises and their impact. Their findings challenge ...

The paradox of vulnerability

states, nationalism and financial crisis

Why are small and culturally homogeneous nation-states in the advanced capitalist world so prosperous? Examining how Denmark, Ireland, and Switzerland managed the 2008 financial crisis, The Paradox of Vulnerability shows that this is not an accident. John Campbell and John Hall argue that a prolonged ...

The myth of independence

how Congress governs the Federal Reserve

Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence traces the Fed's transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent ...

Sistema financiero

La crisis que empezó en 2007, cuyos efectos todavía siguen afectando a nuestras economías, tiene un componente financiero innegable, y, en consecuencia, las entidades de crédito y los mercados financieros están siendo objeto de una especial atención por parte de autoridades, ciudadanos y medios de ...

A world of three zeros

the new economics of zero poverty, zero unemployment, and zero carbon emissions

A winner of the Nobel Peace Prize and bestselling author of Banker to the Poor offers his vision of an emerging new economic system that can save humankind and the planet Muhammad Yunus, who created microcredit, invented social business, and earned a Nobel Peace Prize ...

Malas prácticas de los fondos buitre en España

y cómo tutelar los derechos del deudor en las cesiones de crédito

Hablar de los “Fondos Buitre” es hablar de la mala fe, del abuso del derecho y del fraude de ley en grados superlativos. Este libro evidencia las infinitas malas prácticas de este tipo de entidades financieras, cuyos fondos tienen su origen en actividades, muchas de ...

Unfinished business

the unexplored causes of the financial crisis and the lessons yet to be learnt

A penetrating critique tracing how under-regulated trading between European and U.S. banks led to the 2008 financial crisis-with a prescription for preventing another meltdown There have been numerous books examining the 2008 financial crisis from either a U.S. or European perspective. Tamim Bayoumi ...

Makers and takers

how Wall Street destroyed Main Street

In the wake of the social and political upheaval that characterized the 2016 presidential race, one thing is clear: Most Americans today would agree that our economy is broken. That a confluence of forces--including too-cozy relationships between bankers and lawmakers, inadequate financial regulation, and tax ...

Money and Finance After the Crisis

critical thinking for uncertain times

´The 2008 financial crisis was a long-tail event, not only in being rare but also in leaving behind a global trail of damage and disruption. Money and Finance After the Crisis provides an indispensable roadmap to the world we now inhabit. Challenging and provocative, it ...

Money, markets, and democracy

politically skewed financial markets and how to fix them

This book offers a comprehensive analysis of the ways that politics and financial markets impact one another. In this relationship, politics is the ultimate controlling force. The kinds and prices of financial instruments that get traded and the individuals and institutions that get to trade ...