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The US Financial System and its Crises
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The US Financial System and its Crises : From the 1907 Panic to the 2007 Crash

2019 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 3030144887
ISBN-13 9783030144883
Edition 2019 ed.
Publisher Springer Nature Switzerland AG
Imprint Springer Nature Switzerland AG
Country of Manufacture CH
Country of Publication GB
Publication Date Apr 15th, 2019
Print length 219 Pages
Ksh 14,400.00
Werezi Extended Catalogue 0 in stock

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Not only exploring the impact of the Federal Reserve and central banking on monetary policy, he also analyzes the role of non-bank financial intermediaries.How can monetary policy resolve the instability of the US financial system?

Looking at the precedents set by the panic of 1907 and the Great Depression in America, this book investigates the causes of the 2007-2008 financial crisis. Pizzutto examines the effects of monetary policy, as well as of expanding and contracting financial cycles, in order to analyze the breakdown of the money market and capital market circuits. Not only exploring the impact of the Federal Reserve and central banking on monetary policy, he also analyzes the role of non-bank financial intermediaries.

How can monetary policy resolve the instability of the US financial system? How can financial intermediation work effectively? This timely book highlights how historical lessons can be used to avoid the next financial crisis. 



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