Risk and Liquidity - Hardcover

by Hyun Song Shin (Author)

This book presents the Clarendon Lectures in Finance by one of the leading exponents of financial booms and crises. Hyun Song Shin's work has shed light on the recent global financial crisis and he has been a central figure in the policy debates. This book will appeal interest to students and academics across economics and finance, as well as policy makers, government officials, and bankers who want to delve beneath the surface to grasp the underlying dynamics of the boom-bust cycle in a modern financial system -a system where banking and capital market developments have become inseparable.

Author Biography

Hyun Song Shin, Hughes-Rogers Professor of Economics, Princeton University, USA

Hyun Song Shin is Economic Adviser and Head of Research at the Bank for International Settlements. Before joining the BIS, he was the Hughes-Rogers Professor of Economics at Princeton University. He is a leading exponent of financial booms and crises, and has been a leading figure in the policy debates during the financial crisis. He has written extensively for both an academic and practitioner audience on financial risk, financial regulation, and monetary policy. He has served as editor or editorial board member of several scholarly journals, and has served in an advisory capacity to central banks and policy organizations on financial stability issues. He is a fellow of the Econometric Society and of the British Academy.