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Reforming U.S. Financial Markets
Kroszner, Randall S.; Shiller, Robert J. - The MIT Press
finance. Kroszner focuses on key areas for reform, including credit rating agencies and the mortgage securitization market … finance to bear on managing risk, for example—and should acknowledge the reality of human nature. After brief discussions by …
Persistent link: https://www.econbiz.de/10008919678
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Inside and Outside Liquidity
Holmström, Bengt; Tirole, Jean - The MIT Press
Tirole offer an original, unified perspective on these questions drawing on insights from modern corporate finance. In a … slight, but important departure from the standard theory of finance, they show how imperfect pledgeability of corporate …
Persistent link: https://www.econbiz.de/10008919689
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New Directions in Financial Services Regulation
Porter, Roger B. (contributor);  … - The MIT Press
The financial crisis of 2008 raised crucial questions regarding the effectiveness of the way the United States regulates financial markets. What caused the crisis? What regulatory changes are most needed and desirable? What regulatory structure will best implement the desired changes? This...
Persistent link: https://www.econbiz.de/10008919692