{"product_id":"leveraged-9780226816937","title":"Leveraged","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"[\u003ci\u003eLeveraged\u003c\/i\u003e] is well worth reading.\" * Society of Professional Economists *\u003cbr\u003e\"[\u003ci\u003eLeveraged\u003c\/i\u003e] explore[s] the causes and costs of financial instability, explaining why this fragility is endemic to modern economies.\" * Journal of Economic Literature *\u003cbr\u003e“\u003ci\u003eLeveraged \u003c\/i\u003ebrings together the leading scholars working on the stunning rise in debt over the last forty years. The chapters offer compelling insight into the challenges to the world economy from a growing dependence on debt financing, and they also provide guidelines on what we are to do about it. The growth in debt requires that we revisit fundamental questions about the role of the financial sector, and this book makes great progress on these questions.” -- Amir Sufi | author of \"House of Debt\" | University of Chicago\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eIntroduction: The New Economics of Debt and Financial Fragility\u003cbr\u003e Moritz Schularick\u003cbr\u003e Part 1 Finance Unbound: The Rise of Finance and the Economy\u003cbr\u003e 1 How to Think about Finance\u003cbr\u003e    Atif Mian\u003cbr\u003e    Comment by Karen Dynan\u003cbr\u003e 2 Reconsidering the Costs and Benefits of Debt Booms for the Economy\u003cbr\u003e    Emil Verner\u003cbr\u003e    Comment by Holger Mueller\u003cbr\u003e Part 2 Risk-Taking: Incentives, Investors, Institutions\u003cbr\u003e 3 Are Bank CEOs to Blame?\u003cbr\u003e    Rüdiger Fahlenbrach\u003cbr\u003e    Comment by Samuel G. Hanson\u003cbr\u003e 4 A New Narrative of Investors, Subprime Lending, and the 2008 Crisis\u003cbr\u003e    Stefania Albanesi\u003cbr\u003e    Comment by Fernando Ferreira\u003cbr\u003e 5 Bank Capital before and after Financial Crises\u003cbr\u003e    Òscar Jordà, Björn Richter, Moritz Schularick, and Alan M. Taylor\u003cbr\u003e    Comment by Anna Kovner\u003cbr\u003e Part 3 Mispricing Risks: Credit Booms and Risk Premia\u003cbr\u003e 6 Beliefs and Risk-Taking\u003cbr\u003e    Alessia De Stefani and Kaspar Zimmermann\u003cbr\u003e    Comment by Yueran Ma\u003cbr\u003e 7 A New Approach to Measuring Banks’ Risk Exposure\u003cbr\u003e    Juliane Begenau\u003cbr\u003e    Comment by Nina Boyarchenko\u003cbr\u003e 8 Is Risk Mispriced in Credit Booms?\u003cbr\u003e    Tyler Muir\u003cbr\u003e Part 4 Financial Crises: Reconsidering the Origins and Consequences\u003cbr\u003e 9 Historical Banking Crises: A New Database and a Reassessment of Their Incidence and Severity\u003cbr\u003e    Matthew Baron and Daniel Dieckelmann\u003cbr\u003e    Comment by Mark Carlson\u003cbr\u003e 10 Was the U.S. Great Depression a Credit Boom Gone Wrong?\u003cbr\u003e    Natacha Postel-Vinay\u003cbr\u003e    Comment by Eugene N. White\u003cbr\u003e 11 Sectoral Credit Booms and Financial Stability\u003cbr\u003e    Karsten Müller\u003cbr\u003e    Comment by Orsola Costantini\u003cbr\u003e Index","brand":"The University of Chicago Press","offers":[{"title":"Default Title","offer_id":49400126570839,"sku":"9780226816937","price":41.8,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780226816937.jpg?v=1730469812","url":"https:\/\/bookcurl.com\/products\/leveraged-9780226816937","provider":"Book Curl","version":"1.0","type":"link"}