Asimetrik Bilgi-Finansal Kriz İlişkisi

Bu çalışma, asimetrik bilgi hakkındaki yeni literatürü kullanarak fınansal krizlerin analizini sağlar. Bu çalışma, asimetrik bilgi literatürünün, fınansal krizlerin anlaşılmasına nasıl yardımcı olduğunu da açıklar. Ayrıca fınansal krizlerden önemli bir ders çıkarır: Gelişmekte olan ülkelerdeki fınansal krizlerin dinamikleri, gelişmiş ülkelerdekinden farklıdır. Ve bu çalışma, uluslararası son kredi borç merciinin fınansal krizlerin çözümünde önemli bir rol oynayabileceğini iddia etmektedir.

___

  • Akerlof, George (1970). "The Market for Lemons: Quality, Uncertainity, and the Market Mechanism", The Quarterly Journal of Economics, Vol.84, No. 13,488-500.
  • Akerlof, George ve Romer, Paul M. (1993). "Looting: The Economic Underworld of Bankruptcy for Profit", Brookings Papers on Economic Activity, No.2, 1-73.
  • Bernanke, Ben ve Gertler, Mark (1989). "Agency Costs, Net Worth and Business Fluctuations", The American Economic Review, Vol.79, No.l, 14-31.
  • Bhattacharya, S. Ve Thakor, A. (1993). "Contemporary Banking Theory", Journal Financial of Intermediation, 3, 2-50.
  • Fischer, Stanley (1999). "On the Need for an International Lender of Last Resort", Journal of Economic Perspectives, Volume 13, Number 4, 85-104.
  • Gertler, Mark (1988). "Financial Structure and Aggregate Economic Activity: An Overview", NBER Working Paper Series, Working Paper No.2559, 1-51.
  • Greenwald, Bruce, Stiglitz, Joseph E. ve Weiss, Andrew (1984). "Informational Imperfections on the Capital Market and Macroeconomic Fluctuations", NBER Working Paper Series, Working Paper No. 1335,1-13.
  • Jensen, Michael C. ve Meckling, William H. (1976). "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure", Journal of Financial Economics, Vol.3, No.4, 1-77.
  • Mankiw, Gregory (1986). 'The Allocation of Credit and Financial Collapse", The Quarterly Journal of Economics, Vol. 101, No.3,455-470.
  • Mishkin, Frederic. S. (1990). "Asymmetric Information and Financial Crises: A Historical Perspective", NBER Working Papers Series, Working Paper No. 3400, 1-38.
  • Mishkin, Frederic. S. (1994). "Preventing Financial Crises: An International Perspective", NBER Working Papers Series, Working Paper No. 4636, 1-48.
  • Mishkin, Frederic S. (1996) "Understanding Financial Crises: A Devoloping Country Perspective", NBER Working Paper Series, Working Paper No.5600, 1-49.
  • Mishkin, Frederic S. (1998). "International Capital Movements, Financial Volatility and Financial Instability", NBER Working Paper Series, Working Paper 6390,1-33.
  • Mishkin, Frederic S. (1999a). "Lessons from the Tequila Crisis", Journal of Banking & Finance 23, 1521-1533.
  • Mishkin, Frederic S. (1999b). "Lessons from Asian Crisis", NBER Working Paper Series, No.7102, April 1999, 1-24.
  • Mishkin, Frederic S. (2000). "The International Lender of Last Resort: What are the Issues?", Jel No.F3,G2, 1-26.
  • Mishkin, Frederic S. (2001). "Financial Policies and the Prevention of Financial Crises in Emerging Market Countries", NBER Working Paper Series, Working Paper No.8087, 1 -40.
  • Mishkin Frederic S. (2004). The Economics of Money, Banking and Financial Markets, Seventh Edition, Pearson Addison Wesley.
  • Özer, Mustafa (1999). Finansal Krizler, Piyasa Başarısızlıkları ve fınansal İstikran Sağlamaya Yönelik Politikalar,T.C. Anadolu Üniversitesi Yayınları, No. 1096, İktisat Fakültesi Yayınları, No.2,, Eskişehir.
  • Stiglitz, Joseph E. ve Weiss, Andrew (1981). "Credit Rationing in Markets with Imperfect Information", The American Economic Review, Vol.71, No.3, 393-410.
  • Van Damme, E., (1994). "Banking: A Survey of Recent Microeconomic Theory", Oxford Review of Economic Policy, 14-33.