Gorton, Gary

Misunderstanding financial crises : why we don't see them coming Gary B. Gorton - New York : Oxford University Press, c2012. - xiv, 278 p. : ill., map ; 25 cm.



Introduction -- Creating the quiet period -- Financial crises -- Liquidity and secrets -- Credit booms and manias -- The timing of crises -- Economic theory without history -- Debt during crises -- The quiet period and its end -- Moral hazard and too-big-to-fail -- Bank capital -- Fat cats, crisis costs, and the paradox of financial crises -- The panic of 2007-2008 -- The theory and practice of seeing.

9780199922901

2012008750


Financial crises--United States
Monetary policy--United States

338.5/42