Social Finance Shadow Banking During the Global Financial Crisis /

• Main Author: Shenai, Neil (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2018.
• Edition: 1st ed. 2018.
• Subjects: Financial crises.; Banks and banking.; Macroeconomics.; Financial Crises.; Banking.; Macroeconomics/Monetary Economics//Financial Economics.

This book presents a new, inter-disciplinary framework of financial instability that builds on the Post-Keynesian model of financial crises in the tradition of Hyman Minsky and Charles Kindleberger. It reincorporates John Maynard Keynes' insights on economic conventions to explain how market pa...

Table of Contents:

• Chapter 1. McCulley's Warning: Minsky, Economic Conventions, and Shadow Banking
• Chapter 2. Economic Conventions and Financial Crises: The Theory of Social Finance
• Chapter 3. Federal Reserve Monetary Policy, Economic Conventions, and the Housing Bubble
• Chapter 4. The Rise of Fragile Finance: Conventional Expectations, Bond Ratings, and Bank Capital
• Chapter 5. Regulators as Liquidity Providers of Last Resort
• Chapter 6. Markets After Lehman: Convention Uncertainty, Instability, and Intervention
• Chapter 7. Conclusions and Extensions of Conventions and Financial Stability
• Interview appendix.