Understanding Financial Crises - Franklin Allen & Douglas Gale

Understanding Financial Crises

By Franklin Allen & Douglas Gale

  • Release Date: 2009-04-02
  • Genre: Finance
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What causes a financial crisis? Can crises be anticipated or even avoided? Should governments and international institutions intervene? Based on ten years of research, the authors develop a theoretical approach to analyzing financial crises and use the latest economic theories to begin to understand the causes and consequences of financial crises.

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