LEADER 01355nam2-2200409li-450 001 990000104880203316 005 20180312154842.0 035 $a0010488 035 $aUSA010010488 035 $a(ALEPH)000010488USA01 035 $a0010488 100 $a20001109d1967----km-y0itay0103----ba 101 0 $afre 102 $aFR 200 1 $aFormes différentielles$eapplications élémentaires au calcul des variations et a la théorie des courbes et des surfaces$fHenri Cartan 210 $aParis$cHermann$d1967 215 $a185 p.$cill.$d22 cm 225 2 $aCollection Méthodes$v7 410 0$10010010487$12001$aCollection Méthodes 610 1 $acalcolo delle variazioni 610 1 $aforme differenziali 610 1 $ageometria differenziale e integrale 676 $a51537$9Forme differenziali 700 1$aCARTAN,$bHenri$031875 801 $aSistema bibliotecario di Ateneo dell' Università di Salerno$gRICA 912 $a990000104880203316 951 $a500 ME (7)$b0004726 CBS$c500$d00107566 959 $aBK 969 $aSCI 979 $c19900619 979 $c20001110$lUSA01$h1710 979 $aALANDI$b90$c20010426$lUSA01$h1630 979 $c20020403$lUSA01$h1618 979 $aPATRY$b90$c20040406$lUSA01$h1608 979 $aPATRY$b90$c20060912$lUSA01$h1753 996 $aFormes différentielles$9281869 997 $aUNISA LEADER 04662nam 2200733 a 450 001 9910464159903321 005 20200520144314.0 010 $a1-283-89799-7 010 $a0-8122-0507-3 024 7 $a10.9783/9780812205077 035 $a(CKB)3240000000064730 035 $a(OCoLC)824522207 035 $a(CaPaEBR)ebrary10642745 035 $a(SSID)ssj0000606337 035 $a(PQKBManifestationID)11413800 035 $a(PQKBTitleCode)TC0000606337 035 $a(PQKBWorkID)10581334 035 $a(PQKB)11396043 035 $a(MiAaPQ)EBC3441993 035 $a(OCoLC)793012545 035 $a(MdBmJHUP)muse14343 035 $a(DE-B1597)449449 035 $a(OCoLC)979578140 035 $a(DE-B1597)9780812205077 035 $a(Au-PeEL)EBL3441993 035 $a(CaPaEBR)ebr10642745 035 $a(CaONFJC)MIL421049 035 $a(EXLCZ)993240000000064730 100 $a20110615d2011 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aEngineering the financial crisis$b[electronic resource] $esystemic risk and the failure of regulation /$fJeffrey Friedman and Wladimir Kraus 205 $a1st ed. 210 $aPhiladelphia $cUniversity of Pennsylvania Press$dc2011 215 $a1 online resource (x, 212 pages) $cillustrations 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-8122-4357-9 320 $aIncludes bibliographical references (p. [175]-200) and index. 327 $tBonuses, Irrationality, and Too-Bigness: The Conventional Wisdom About the Financial Crisis and Its Theoretical Implications --$tCapital Adequacy Regulations and the Financial Crisis: Bankers' and Regulators' Errors --$tThe Interaction of Regulations and the Great Recession: Fetishizing Market Prices --$tCapitalism and Regulation: Ignorance, Heterogeneity, and Systemic Risk --$tAppendix I. Scholarship About the Corporate-Compensation Hypothesis --$tAppendix II. The Basel Rules off the Balance Sheet. 330 $aThe financial crisis has been blamed on reckless bankers, irrational exuberance, government support of mortgages for the poor, financial deregulation, and expansionary monetary policy. Specialists in banking, however, tell a story with less emotional resonance but a better correspondence to the evidence: the crisis was sparked by the international regulatory accords on bank capital levels, the Basel Accords.In one of the first studies critically to examine the Basel Accords, Engineering the Financial Crisis reveals the crucial role that bank capital requirements and other government regulations played in the recent financial crisis. Jeffrey Friedman and Wladimir Kraus argue that by encouraging banks to invest in highly rated mortgage-backed bonds, the Basel Accords created an overconcentration of risk in the banking industry. In addition, accounting regulations required banks to reduce lending if the temporary market value of these bonds declined, as they did in 2007 and 2008 during the panic over subprime mortgage defaults.The book begins by assessing leading theories about the crisis-deregulation, bank compensation practices, excessive leverage, "too big to fail," and Fannie Mae and Freddie Mac-and, through careful evidentiary scrutiny, debunks much of the conventional wisdom about what went wrong. It then discusses the Basel Accords and how they contributed to systemic risk. Finally, it presents an analysis of social-science expertise and the fallibility of economists and regulators. Engagingly written, theoretically inventive, yet empirically grounded, Engineering the Financial Crisis is a timely examination of the unintended-and sometimes disastrous-effects of regulation on complex economies. 606 $aGlobal Financial Crisis, 2008-2009 606 $aFinancial crises$zUnited States$xHistory$y21st century 606 $aBank capital$xLaw and legislation 606 $aBanks and banking$xRisk management 606 $aEconomics$xPolitical aspects 608 $aElectronic books. 615 0$aGlobal Financial Crisis, 2008-2009. 615 0$aFinancial crises$xHistory 615 0$aBank capital$xLaw and legislation. 615 0$aBanks and banking$xRisk management. 615 0$aEconomics$xPolitical aspects. 676 $a330.9/0511 700 $aFriedman$b Jeffrey$f1959-$01035599 701 $aKraus$b Wladimir$01035600 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464159903321 996 $aEngineering the financial crisis$92455377 997 $aUNINA