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The Economics of Maturity Transformation

通常価格 ¥1,144 JPY
通常価格 セール価格 ¥1,144 JPY
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Few concepts are as important as maturity transformation for understanding financial crises. This technical note guides students through the key mechanisms in the theory using a representative investor, a long-term borrower, and an issuer of shorter-term claims. It then highlights the pervasiveness of maturity transformation in modern financial products. It works well before classes on deposit insurance, bank regulation, the 2008 financial crisis, and/or shadow banking generally.

【書誌情報】

ページ数:12ページ

サイズ:A4

商品番号:HBSP-UV8332

発行日:2021/8/16

登録日:2021/12/23

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