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  • Housing and Mortgage Markets in Historical Perspective

    Series series National Bureau of Economic Research Conference Report
    The central role of the housing market in the recent recession raised a series of questions about similar episodes throughout economic history. Were the underlying causes of housing and mortgage crises the same in earlier episodes? Has the onset and spread of crises changed over time? How have previous policy interventions either damaged or improved long-run market performance and stability?This ... Leer más

    $12.99 USD o gratis con Kobo Plus

  • Well Worth Saving

    How the New Deal Safeguarded Home Ownership

    Series series National Bureau of Economic Research Series on Long-Term Factors in Economic Development
    The urgent demand for housing after World War I fueled a boom in residential construction that led to historic peaks in home ownership. Foreclosures at the time were rare, and when they did happen, lenders could quickly recoup their losses by selling into a strong market. But no mortgage system is equipped to deal with credit problems on the scale of the Great Depression. As foreclosures ... Leer más

    $33.89 USD

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  • The Bankers' New Clothes

    What's Wrong with Banking and What to Do about It - Updated Edition

    Why our banking system is broken—and what we must do to fix itAs memories of the Global Financial Crisis have faded, it has been tempting to believe that the banking system is now safe and that we will never again have to choose between havoc and massive bailouts. But The Bankers’ New Clothes shows that reforms have changed little—and that the banks still present serious dangers to the world ... Leer más

    $13.99 USD

  • The New Lombard Street

    How the Fed Became the Dealer of Last Resort

    Walter Bagehot's Lombard Street, published in 1873 in the wake of a devastating London bank collapse, explained in clear and straightforward terms why central banks must serve as the lender of last resort to ensure liquidity in a faltering credit system. Bagehot's book set down the principles that helped define the role of modern central banks, particularly in times of crisis--but the recent ... Leer más

    $30.99 USD

  • The Financial Crisis of Our Time

    Series series Financial Management Association Survey and Synthesis
    In 2006 residential real estate prices peaked and started to fall, then threatened the world's financial institutions in 2007, and confronted the global economy with disaster in 2008. In the past few years, millions of people have lost very substantial portions of their wealth. And while the markets have rebounded considerably, they are still far from a full recovery. Now, professional economists, ... Leer más

    $53.99 USD

  • Invest in Europe Now!

    Why Europe's Markets Will Outperform the US in the Coming Years

    An insider's guide to investing in EuropeWith the U.S. market in shambles, investors are looking for other places to put their money. Europe has become the destination of choice, and will continue to be for the foreseeable future.Using the different perspectives of an author who lives in Europe and an author who lives in the United States, Invest in Europe Now! is one the most informative guides ... Leer más

    $18.00 USD

  • Rethinking Housing Bubbles

    The Role of Household and Bank Balance Sheets in Modeling Economic Cycles

    In this highly original piece of work, Steven D. Gjerstad and Nobel Laureate Vernon L. Smith analyze the role of housing and its associated mortgage financing as a key element of economic cycles. The authors combine data from both laboratory and real markets to provide insight into the bubble propensity of real-world economic actors and use novel historical analysis on the Great Recession, the ... Leer más

    $70.99 USD

  • What Caused the Financial Crisis

    The deflation of the subprime mortgage bubble in 2006-7 is widely agreed to have been the immediate cause of the collapse of the financial sector in 2008. Consequently, one might think that uncovering the origins of subprime lending would make the root causes of the crisis obvious. That is essentially where public debate about the causes of the crisis began—and ended—in the month following the ... Leer más

    $35.99 USD

  • The Great Recession

    Market Failure or Policy Failure?

    Series series Studies in Macroeconomic History
    Since publication of Hetzel's The Monetary Policy of the Federal Reserve (Cambridge University Press, 2008), the intellectual consensus that had characterized macroeconomics has disappeared. That consensus emphasized efficient markets, rational expectations and the efficacy of the price system in assuring macroeconomic stability. The 2008–9 recession not only destroyed the professional consensus ... Leer más

    $38.99 USD

  • Casino Capitalism

    How the Financial Crisis Came About and What Needs to be Done Now

    In Casino Capitalism Hans-Werner Sinn examines the causes of the banking crisis, points out the flaws in the economic rescue packages, and presents a master plan for the reform of financial markets. Sinn argues that the crisis came about because limited liability induced both Wall Street and Main Street to gamble with real estate properties. He meticulously describes the process of lending to ... Leer más

    $28.79 USD

  • The Predictable Surprise

    The Unraveling of the U.S. Retirement System

    Social Security is in jeopardy, private pension systems have fallen apart, and workers are trying to save on their own for retirement with the stock market in the worst shape since the Great Depression. In The Predictable Surprise, Sylvester J. Schieber shows that forewarnings of the coming retirement crisis have been apparent for decades, but we have never mustered the political will to address ... Leer más

    $24.69 USD

  • Tax Policy Handbook

    Edición de Parthasrathi Mr. Shome ...
    Edited by Parthasarathi Shome, this Handbook was written primarily for economists who are responsible for analyzing and evaluating economic policies of developing countries at an applied level, and who would benefit from a comprehensive discussion of the concepts, principles, and prevailing issues of taxation. ... Leer más

    $10.99 USD