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Anjan Thakor

    The Valuation of Assets Under Moral Hazard
    The Purpose of Banking
    • The Purpose of Banking

      • 248bladzijden
      • 9 uur lezen
      3,8(4)Tarief

      A thoughtful and thought generating overview of what ails the banking sector and a reminder that the purpose of banks is to help create economic growth.

      The Purpose of Banking
    • In this insightful book, Thakor and Ramakrishnan explore how moral hazard affects the valuation of assets. They provide a framework for analyzing the impact of moral hazard on asset prices and show how different types of assets are affected in different ways. A must-read for anyone interested in financial economics.

      The Valuation of Assets Under Moral Hazard