The origins of financial crises

central banks, credit bubbles and the efficient market fallacy

"The Origin of Financial Crises" provides a compelling analysis of the forces behind today's economic crisis. In a series of disarmingly simple arguments George Cooper challenges the core principles of today's economic orthodoxy, explaining why financial markets do not obey the efficient market ...

Money tales

The causes, costs and compensations of inflation

an investigation of three problems in monetary theory

Moneda, banca y mercados financieros

En sus manos se encuentra el libro de texto más vendido del tema a nivel mundial: Moneda, banca y mercados financieros nos ayuda a comprender la economía que da fundamento a la forma en la que funcionan el dinero y las instituciones bancarias y los ...

Monetary policy strategy

A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies.This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives ...

Le système monétaire international

A la fin de la Seconde Guerre mondiale, les accords de Bretton Woods ont défini les règles qui organisaient les relations monétaires entre les États. Évitant les rigueurs de l'étalon-or, le nouveau système organisait en fait l'utilisation internationale du dollar. Après l'échec ...

Money

Understanding how economic forces work - and how they influence individuals, families, businesses, and communities - is becoming an imperative for every citizen. "The Greenwood Guides to Business and Economics" are designed to improve business and economic literacy by demystifying these topics, making them accessible to students ...

International economic indicators and central banks

This book presents an in-depth look at the investment implications of international indicators and foreign central banks. This book fills a major information void on measures of international economic performance. It discusses how major industrial countries measure and report their national economic performance information and ...

Gold

the once and future money

This is a fresh look at the most important investment trend of the early 21st century. Many view the current bull market in gold as a flash in the pan, doomed to fizzle. "Au contraire," say bestselling author Addison Wiggin and award winning analyst Justice ...

Central Bank reserve management

new trends, from liquidity to return

This book addresses the welfare gains and costs of accumulating foreign exchange reserves and the implications for the functioning of the global financial system. The tremendous growth of central bank reserves has led to an increased focus on raising returns in addition to the traditional ...

From the athenian tetradrachm to the Euro

studies in european monetary integration

With the introduction of the Euro much recent attention has been focused on the role of currencies and their national and international significance. Whilst much has been made of the Euro's achievements in harmonising Europe's financial dealings, it is often forgotten that it ...

Central banking governance in the European Union

a comparative analysis

This book fills a gap in academic literature on the politics and public policy aspects of central banking in Europe, by conducting a theoretically-informed and empirically-grounded analysis of central banking governance before and after the establishment of the Economic and Monetary Union (EMU). The main ...

Innovation and institutions

an institutional perspective on the innovative efforts of banks and insurance companies

This new book uses extensive and multifaceted data and sophisticated data analysis to explore product innovation in the financial services sector. Merging academic and critical analysis with practical recommendations for companies, this book provides a full and rich account of how new products are brought ...

Money, interest, and policy

dynamic general equilibrium in a non-ricardian world

This work develops the argument that moving from "Ricardian" dynamic stochastic general equilibrium models to "non-Ricardian" models solves many puzzles and paradoxes in monetary issues that might have cast doubt on the DSGE methodology for monetary economics. An important recent advance in macroeconomics is the ...

Currency competition and foreign exchange markets

the dollar, the yenand the euro

Currency Competition and Foreign Exchange Markets by Philipp Hartmann of the European Central Bank is a major theoretical and empirical study of international currencies, which focuses on the role which the Euro will play in the international monetary and financial system along with the US ...

Money and liberation

the micropolitica of alternative currency movements

Is conventional money simply a discourse? Is it merely a socially constructed unit of exchange? If money is not an actual thing, are people then free to make collective agreements to use other forms of currency that might work more effectively for them? Proponents of ...

Between the Dollar-Sterling Gold Points

exchange rates, parity and market behavior

Officer begins this book with a historical perspective of the monetary standards of the United States and Britain. He then develops data on exchange rates, mint parity and gold points, with which he investigates three important features of Anglo-American monetary history. First, the integration of ...

Money and payments in theory and practice

International in scope and written by a leading young Post-Keynesian economist, this book focuses on the working of money and payments in a multi-bank settlement system within which banks and non-bank financial institutions have been expanding their operations outside their countries of incorporation. Departing from ...

Monetary economics in developing countries

This book highlights the basic principles of monetary economics and their application to developing countries. Fully illustrated and written in an accessible style, it will be an attractive to students wanting to understand the economic aspects of development and those researching in the area. The ...

Regional monetary policy

With the final phase of the European Monetary Union underway, concern has been raised over the regional implications of the European Central Bank (ECB) Monetary Policy. Departing from the standard approach utilized by the ECB, this book provides a comprehensive theoretical framework to explore the ...