This important volume presents key contributions to the study of financial crises from many different areas of economics. The book offers an economic history of financial crises, empirical studies of crises in the modern era, and classic works on the theory of banking crises. It also covers specialized topics, with sections on currency crises and financial contagion. Undergraduate students of money, banking, macroeconomics and financial crises alike will find this collection to be an invaluable overview of a critical area of study.

About the Author
Edited by Franklin Allen, Professor of Finance and Economics, Business School and Director of the Brevan Howard Centre for Financial Analysis, Imperial College London, UK and Douglas Gale, Department of Economics, New York University, US

Reviews
'. . . an impressive collection of the seminal contributions to the academic literature on financial crises of the past three decades. . . I recommend this book to scholars, who will find here many of the intellectual ancestors of future papers. For policymakers and market participants the book should be required reading, as it will provide them with an overview of what the mainstream academic literature currently has to say about financial crises. Taking note of this literature will undoubtedly lead to better informed decision-making.' -- Jan Marc Berk, SUERF
'Franklin Allen and Douglas Gale, who have made truly decisive contributions to our understanding of runs, contagion and financial crises, were the ideal scholars to edit this volume. Financial Crises is a well-balanced collection of important articles on the topic, with theoretical, empirical and historical perspectives; a must-read for students, researchers and practitioners interested in banking and currency crises.' -- Jean Tirole, University of Sciences, Toulouse, France



Book Information
ISBN 9781843764243
Author Franklin Allen
Format Hardback
Page Count 616
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd