000785889 000__ 03299cam\a22004211i\4500 000785889 001__ 785889 000785889 005__ 20210515131218.0 000785889 006__ m\\\\\o\\d\\\\\\\\ 000785889 007__ cr\un\nnnunnun 000785889 008__ 170120s2016\\\\mau\\\\\ob\\\\001\0\eng\d 000785889 020__ $$a9780262332156 (electronic bk.) 000785889 020__ $$a0262332159 (electronic bk.) 000785889 020__ $$z9780262034371 000785889 020__ $$z0262034379 000785889 035__ $$a(NhCcYBP)EBC4528961 000785889 040__ $$aNhCcYBP$$cNhCcYBP 000785889 050_4 $$aHB3722$$b.S385 2016 000785889 08204 $$a339.5/3$$223 000785889 1001_ $$aScott, Hal S.,$$eauthor. 000785889 24510 $$aConnectedness and contagion :$$bprotecting the financial system from panics /$$cHal S. Scott. 000785889 264_1 $$aCambridge, MA :$$bThe MIT Press,$$c[2016] 000785889 300__ $$a1 online resource (xxi, 416 pages.) 000785889 336__ $$atext$$btxt$$2rdacontent 000785889 337__ $$acomputer$$bc$$2rdamedia 000785889 338__ $$aonline resource$$bcr$$2rdacarrier 000785889 504__ $$aIncludes bibliographical references and index. 000785889 5050_ $$aAcknowledgments -- Introduction -- Connectedness, contagion, and correlation : definitions and a review of the economic literature -- The concept of connectedness -- The concept and history of contagion -- The concept of correlation -- Connectedness in the crisis -- Asset connectedness : Lehman and AIG -- Liability connectedness : money market funds and tri-party repo market -- The Dodd-Frank Act policies to address connectedness -- Contagion -- Contagion in the 2008 crisis : the run on the non-bank sector, "shadow banks" -- The history of lender of last resort in the United States -- Dodd-Frank restrictions on the lender of last resort power -- Comparison of LLR powers of fed with Bank of England, European Central Bank, and Bank of Japan -- Strengthening the LLR powers of the fed -- Liability insurance and guarantees -- Insuring money market funds -- Ex-ante policies to avoid contagion : capital, liquidity, resolution, money market mutual fund reform, and limits on short-term funding -- Capital requirements : Basel III framework -- Liquidity requirements -- Bank resolution procedures, contingent capital (CoCos), and bail-ins -- Dodd-Frank orderly liquidation for non-bank SIFIs (including bank holding companies) -- Living wills -- Money market mutual fund reform -- The dependence of the financial system on short-term funding -- Government crowding out of private issuance of short-term debt -- Public capital injections into insolvent financial institutions, i.e "bailouts" -- Capital purchase program and other TARP support programs -- Criticisms of bailouts generally -- Specific criticism of tarp -- Standing bailout programs -- Conclusion -- Notes -- Index. 000785889 506__ $$aAccess limited to authorized users 000785889 533__ $$aElectronic reproduction.$$bAnn Arbor, MI$$nAvailable via World Wide Web. 000785889 588__ $$aDescription based on print version record. 000785889 650_0 $$aFinancial crises$$xHistory$$y21st century. 000785889 650_0 $$aGlobal Financial Crisis, 2008-2009$$xGovernment policy. 000785889 650_0 $$aGlobal Financial Crisis, 2008-2009. 000785889 7102_ $$aProQuest (Firm) 000785889 77608 $$cOriginal$$z9780262034371$$z0262034379$$w(DLC) 2015039900 000785889 852__ $$bebk 000785889 85640 $$3GOBI DDA$$uhttps://univsouthin.idm.oclc.org/login?url=http://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=4528961$$zOnline Access 000785889 909CO $$ooai:library.usi.edu:785889$$pGLOBAL_SET 000785889 980__ $$aEBOOK 000785889 980__ $$aBIB 000785889 982__ $$aEbook 000785889 983__ $$aOnline