{"product_id":"9780128005316","title":"Bank Liquidity Creation and Financial Crises","description":"\u003cp\u003e\u003ci\u003eBank Liquidity Creation and Financial Crises\u003c\/i\u003e delivers a consistent, logical presentation of bank liquidity creation and addresses questions of research and policy interest that can be easily understood by readers with no advanced or specialized industry knowledge.\u003c\/p\u003e \u003cp\u003eAuthors Allen Berger and Christa Bouwman examine ways to measure bank liquidity creation, how much liquidity banks create in different countries, the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, the effects of bailouts, and much more. They also analyze bank liquidity creation in the US over the past three decades during both normal times and financial crises.\u003c\/p\u003e \u003cp\u003eNarrowing the gap between the \"academic world\" (focused on theories) and the \"practitioner world\" (dedicated to solving real-world problems), this book is a helpful new tool for evaluating a bank’s performance over time and comparing it to its peer group.\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eExplains that bank liquidity creation is a more comprehensive measure of a bank’s output than traditional measures and can also be used to measure bank liquidity\u003c\/li\u003e\n\u003cli\u003eDescribes how high levels of bank liquidity creation may cause or predict future financial crises \u003c\/li\u003e\n\u003cli\u003eAddresses questions of research and policy interest related to bank liquidity creation around the world and provides links to websites with data and other materials to address these questions\u003c\/li\u003e\n\u003cli\u003eIncludes such hot-button topics as the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, and the effects of bailouts\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Elsevier Science","offers":[{"title":"Default Title","offer_id":47079704002800,"sku":"9780128005316","price":79.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780128005316_p0.jpg?v=1763639175","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780128005316","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}