||3 of 5 people found the following review helpful.| The authors understand uncertainty,but still want to go along with VAR models|By Michael Emmett Brady|The authors do an excellent job of presenting their case,which is that " Yes. VAR failed .However,a revised VAR could succeed ". Unfortunately,their argument ultimately collapses although they do not realize the contradictions between the different parts of their presentation||This compact but powerful book by three internationally recognized European economists is well worth reading. The authors offer a thoughtful review of the current global financial crisis and a number of considered recommendations for ameliorating the next and
The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed ba...
[PDF.vj82] Balancing the Banks: Global Lessons from the Financial Crisis Rating: 4.84 (758 Votes)
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You easily download any file type for your device.Balancing the Banks: Global Lessons from the Financial Crisis | Mathias Dewatripont, Jean-Charles Rochet, Jean Tirole. Just read it with an open mind because none of us really know.
