Vai al contenuto principale della pagina
| Autore: |
Admati Anat R.
|
| Titolo: |
The bankers' new clothes : what's wrong with banking and what to do about it / / Anat Admati and Martin Hellwig
|
| Pubblicazione: | Princeton, New Jersey ; ; Woodstock, England : , : Princeton University Press, , 2013 |
| ©2013 | |
| Edizione: | Updated edition with a New Preface by the authors |
| Descrizione fisica: | 1 online resource (417 p.) |
| Disciplina: | 332.1 |
| Soggetto topico: | Banks and banking |
| Financial institutions - Government policy | |
| Financial crises - Prevention | |
| Classificazione: | QK 640 |
| Persona (resp. second.): | HellwigMartin F. |
| Note generali: | Description based upon print version of record. |
| Nota di bibliografia: | Includes bibliographical references and index. |
| Nota di contenuto: | Front matter -- CONTENTS -- Preface to the Paperback Edition -- Preface -- Acknowledgments -- 1. The Emperors of Banking Have No Clothes -- PART I. Borrowing, Banking, and Risk -- 2. How Borrowing Magnifies Risk -- 3. The Dark Side of Borrowing -- 4. Is It Really "A Wonderful Life"? -- 5. Banking Dominos -- PART II. The Case for More Bank Equity -- 6. What Can Be Done? -- 7. Is Equity Expensive? -- 8. Paid to Gamble -- 9. Sweet Subsidies -- 10. Must Banks Borrow So Much? -- PART III. Moving Forward -- 11. If Not Now, When? -- 12. The Politics of Banking -- 13. Other People's Money -- Notes -- References -- Index |
| Sommario/riassunto: | The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers' New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid. Anat Admati and Martin Hellwig argue that we can have a safer and healthier banking system without sacrificing any of its benefits, and at essentially no cost to society. They seek to engage the broader public in the debate by cutting through the jargon of banking, clearing the fog of confusion, and presenting the issues in simple and accessible terms. |
| Titolo autorizzato: | The bankers' new clothes ![]() |
| ISBN: | 1-4008-5119-X |
| 1-299-05129-4 | |
| 1-4008-4656-0 | |
| Formato: | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910822120603321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |