Titlebook: Banking Crises; Perspectives from th Garett Jones Book 2016 The Editor(s) (if applicable) and The Author(s) 2016 Financial Crisis.Banking.B

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Operator Theory: Advances and Applicationsrate depreciates substantially during a short period of time. There is an extensive literature on the causes and consequences of a currency crisis in a country with a fixed or heavily managed exchange rate. The models in this literature are often categorized as first-, second- or third-generation.

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https://doi.org/10.1057/9781137553799Financial Crisis; Banking; Banks; Bubbles; Economic History; Experimental Economics; Behavioral Economics;

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banking industry,guarantee a stable monetary transaction system explains why the banking industry is so heavily regulated. It is harder for a depositor to protect his interests than for an average investor, because judging the financial condition of a bank is difficult and costly, even for specialists. For this reas

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