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"Expanding upon the literature of new institutional economics, the first part of this study stresses the significance of imperfections in information, bankruptcy and banks. The second part examines the policy implications of the new paradigm emphasizing loanable fund demand and supply, and demonstrates its relevance to our understanding of two recent historical episodes--the East Asian financial crisis and the 1991 U.S. recession and subsequent recovery and boom." http://www.loc.gov/catdir/description/cam051/2004299948.html.
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Previews available in: English
Subjects
Banks and banking, Monetary policy, Money, EconomicsShowing 1 featured edition. View all 1 editions?
Edition | Availability |
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1
Towards a new paradigm in monetary economics
2003, Cambridge University Press
in English
0521810345 9780521810340
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Edition Notes
Includes bibliographical references (p. 303-319) and index.
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