LEADER 04718nam 2200649 450 001 9910830444203321 005 20230725032728.0 010 $a1-4443-9159-3 010 $a1-4443-9160-7 010 $a1-4443-9161-5 035 $a(CKB)2670000000152773 035 $a(EBL)819337 035 $a(OCoLC)778339143 035 $a(SSID)ssj0000507255 035 $a(PQKBManifestationID)11320736 035 $a(PQKBTitleCode)TC0000507255 035 $a(PQKBWorkID)10545470 035 $a(PQKB)10994850 035 $a(MiAaPQ)EBC819337 035 $a(EXLCZ)992670000000152773 100 $a20160818h20102010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aIssues in finance $ecredit, crises and policies /$fedited by Stuart Sayer 210 1$aChichester, West Sussex, England ;$aMalden, Massachusetts :$cWiley-Blackwell,$d2010. 210 4$dİ2010 215 $a1 online resource (468 p.) 225 1 $aSurveys of Recent Research in Economics 300 $aIncludes index. 311 $a1-4443-3401-8 327 $aCover; Half Title Page; Title Page; Copyright; Contributors; Chapter 1: Bank Capital Requirements, Business Cycle Fluctuations and The Basel Accords: A Synthesis; 1. Introduction; 2. The Bank Capital Channel: Related Theoretical Literature; 3. Capital Requirements within Banking Regulation; 4. Basel II Capital Requirements and Procyclicality; 5. Concluding Remarks; Chapter 2: The Ten Commandments for Optimizing Value-at-Risk and Daily Capital Charges; 1. Introduction; 2. The Optimization Problem for Authorized Deposit-taking Institutions; 3. Data; 4. Regression Models and Volatility Models 327 $a5. Ten Reasons for Modeling Time-varying Variances, Covariances and Correlations Using High- and Ultra-high-frequency Data6. The Ten Commandments for Optimizing Value-at-risk and Daily Capital Charges; 7. Concluding Remarks; 8. Epilogue; Chapter 3: The Ten Commandments for Managing Value at Risk Under the Basel II Accord; 1. Introduction; 2. The Ten Commandments; 3. Conclusion; Chapter 4: Sovereign Insolvency Procedures - A Comparative Look at Selected Proposals; 1. The Need for an International Sovereign Insolvency Procedure; 2. Framework Conditions for Restructuring; 3. Debt Restructuring 327 $a4. Concluding Remarks and Policy RecommendationsChapter 5: Collective Action Clauses in International Sovereign Bond Contracts - Whence the Opposition?; 1. Introduction; 2. Investors; 3. Bond Yields; 4. Sovereign Borrowers; 5. Conclusion; Chapter 6: Collateral and Credit Rationing: A Review of Recent Empirical Studies as a Guide for Future Research; 1. Introduction; 2. Empirical Studies on Collateral as a Remedy for Informational Asymmetries between Borrower and Lender; 3. Empirical Studies on Collateral as a Tool to Increase the Supply of Bank Debt; 4. Suggestions for Future Research 327 $a5. ConclusionChapter 7: The Stock Market, Housing and Consumer Spending: A Survey of the Evidence on Wealth Effects; 1. Introduction; 2. Conceptual Framework: The Life-cycle Model for Consumption; 3. The Econometrics of Wealth Effects; 4. Wealth Effects in Time-series Data; 5. Household-level Evidence of Wealth Effects; 6. Summary and Concluding Remarks; Chapter 8: Price-Level Targeting and Stabilisation Policy: A Survey; 2. Traditional Arguments For and Against Price-level Targeting; 3. A Free Lunch from Price-level Targeting; 4. The Robustness of the Free Lunch 327 $a5. Other Issues Related to Price-level TargetingIssues in Finance: Credit, Crises and Policies - An Overview; Index 330 $aIssues in Finance: Credit, Crises and Policies presents a collection of surveys on key issues surrounding the relationship between credit, finance, and the macro-economy that are linked to the recent global financial crisis.Presents a timely collection of surveys that shed light on the recent financial crisisOffers insights for economists in government, business, and financeShows how the mainstream economics literature was not blind to the potential problems of the financial framework and its interplay with the macro-economy 410 0$aSurveys of recent research in economics. 606 $aFinance 606 $aEconomic policy 606 $aFinancial crises 615 0$aFinance. 615 0$aEconomic policy. 615 0$aFinancial crises. 676 $a339.5/2 676 $a339.52 686 $aBUS069030$2bisacsh 702 $aSayer$b Stuart 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910830444203321 996 $aIssues in finance$94084738 997 $aUNINA