Measuring Wealth and Financial Intermediation and Their Links to the Real Economy

Business & Finance, Economics, Macroeconomics, Theory of Economics
Cover of the book Measuring Wealth and Financial Intermediation and Their Links to the Real Economy by , University of Chicago Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9780226204437
Publisher: University of Chicago Press Publication: February 4, 2015
Imprint: University of Chicago Press Language: English
Author:
ISBN: 9780226204437
Publisher: University of Chicago Press
Publication: February 4, 2015
Imprint: University of Chicago Press
Language: English

More than half a decade has passed since the bursting of the housing bubble and the collapse of Lehman Brothers. In retrospect, what is surprising is that these events and their consequences came as such a surprise. What was it that prevented most of the world from recognizing the impending crisis and, looking ahead, what needs to be done to prevent something similar?
           
Measuring Wealth and Financial Intermediation and Their Links to the Real Economy identifies measurement problems associated with the financial crisis and improvements in measurement that may prevent future crises, taking account of the dynamism of the financial marketplace in which measures that once worked well become misleading. In addition to advances in measuring financial activity, the contributors also investigate the effects of the crisis on households and nonfinancial businesses. They show that households’ experiences varied greatly and some even experienced gains in wealth, while nonfinancial businesses’ lack of access to credit in the recession may have been a more important factor than the effects of policies stimulating demand.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

More than half a decade has passed since the bursting of the housing bubble and the collapse of Lehman Brothers. In retrospect, what is surprising is that these events and their consequences came as such a surprise. What was it that prevented most of the world from recognizing the impending crisis and, looking ahead, what needs to be done to prevent something similar?
           
Measuring Wealth and Financial Intermediation and Their Links to the Real Economy identifies measurement problems associated with the financial crisis and improvements in measurement that may prevent future crises, taking account of the dynamism of the financial marketplace in which measures that once worked well become misleading. In addition to advances in measuring financial activity, the contributors also investigate the effects of the crisis on households and nonfinancial businesses. They show that households’ experiences varied greatly and some even experienced gains in wealth, while nonfinancial businesses’ lack of access to credit in the recession may have been a more important factor than the effects of policies stimulating demand.

More books from University of Chicago Press

Cover of the book Science on the Air by
Cover of the book Two Weeks in the Midday Sun by
Cover of the book Watching Vesuvius by
Cover of the book The Tango Machine by
Cover of the book The Great Inflation by
Cover of the book When Egypt Ruled the East by
Cover of the book Is Administrative Law Unlawful? by
Cover of the book Hayek and the Evolution of Capitalism by
Cover of the book The Royal Remains by
Cover of the book The Mosaic Constitution by
Cover of the book The Reformation of Emotions in the Age of Shakespeare by
Cover of the book The Positive Case for Negative Campaigning by
Cover of the book Combating Jihadism by
Cover of the book Galileo's Instruments of Credit by
Cover of the book Negotiating in Civil Conflict by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy