Overview

The banking crisis in 2007-10 was one amongst many such crises in the past. This book provides a fresh approach to liquidity. It starts from basics and gradually builds up analysis of credit lines with few technicalities. Though the analysis is theoretical, the book provides a historical background, a macroeconomic perspective, and policy implications. An integrated view of the pre-1983 and the post-1983 literature is provided. A solution to the related problem of sudden outflow of funds from emerging economies is also suggested.

Full Product Details

Author:   Gurbachan Singh (Indian Statistical Institute, India)
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Volume:   70
Dimensions:   Width: 15.60cm , Height: 1.60cm , Length: 23.40cm
Weight:   0.660kg
ISBN:  

9780415682206

ISBN 10:   0415682207
Pages:   266
Publication Date:   11 April 2012
Audience:   College/higher education ,  Tertiary & Higher Education ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

1. Introduction 2. Bank Solvency and Systemic Stability 3. The Rationale for Demand Deposits (and Short-Term Funds) 4. Literature Review, and the Road Ahead 5. Near-Systemic Bank Runs, Given Flexible More-Reputed Bank 6. Systemic Bank Runs, Given Flexible Central Bank 7. Systemic Bank Runs, Given Gold Standard 8. Implications of Inelastic Supply of Desired Assets 9. Bank Runs, Portfolio Choice, and Adjustment Mechanism 10. Bank Runs, Liquidity, and Consumption Smoothing 11. Bank Runs, and the Broad Policy Framework 12. Sudden Capital Outflow, Emerging Economies, and Credit Lines 13. 100% Reserve Banking, and the Nature of Inefficiency 14. More on Banking Crisis and Liquidity 15. Theory and the Actual Experience 16. Summing Up

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Author Information

Gurbachan Singh is a visiting faculty member in the Planning Unit (Department of Economics), Indian Statistical Institute (ISI), Delhi.

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