{"title":"Jean Tirole","description":"\u003cp\u003e\u003cstrong\u003eJean Tirole\u003c\/strong\u003e offers a profound insight into the complexities of economics and finance, providing readers with rigorous yet accessible analyses of market mechanisms and regulatory frameworks. His works explore fundamental concepts from corporate finance to the dynamics of financial crises, making them essential reading for those interested in understanding the forces shaping global economic systems.\u003c\/p\u003e\n\n\u003cp\u003eIdeal for students and professionals alike, Tirole's books bridge theoretical foundations with practical applications. With a clear emphasis on education and reference, his writing unpacks challenging topics such as liquidity and international monetary policy with clarity and depth, contributing valuable perspectives to the fields of finance and investment.\u003c\/p\u003e","products":[{"product_id":"the-theory-of-corporate-finance-by-jean-tirole-9780691125565","title":"The Theory of Corporate Finance","description":"\u003cdiv class=\"book-description\"\u003e\nThe past twenty years have seen great theoretical and empirical advances in the field of corporate finance. Whereas once the subject addressed mainly the financing of corporations—equity, debt, and valuation—today it also embraces crucial issues of governance, liquidity, risk management, relationships between banks and corporations, and the macroeconomic impact of corporations.\n\nHowever, this progress has left in its wake a jumbled array of concepts and models that students are often hard put to make sense of. Here, one of the world's leading economists offers a lucid, unified, and comprehensive introduction to modern corporate finance theory.\n\nJean Tirole builds his landmark book around a single model, using an incentive or contract theory approach. Filling a major gap in the field, \u003cem\u003eThe Theory of Corporate Finance\u003c\/em\u003e is an indispensable resource for graduate and advanced undergraduate students as well as researchers of corporate finance, industrial organization, political economy, development, and macroeconomics.\n\nTirole conveys the organising principles that structure the analysis of today's key management and public policy issues, such as the reform of corporate governance and auditing; the role of private equity, financial markets, and takeovers; the efficient determination of leverage, dividends, liquidity, and risk management; and the design of managerial incentive packages. He weaves empirical studies into the book's theoretical analysis. \n\nAnd he places the corporation in its broader environment, both microeconomic and macroeconomic, and examines the two-way interaction between the corporate environment and institutions. \n\nSetting a new milestone in the field, \u003cem\u003eThe Theory of Corporate Finance\u003c\/em\u003e will be the authoritative text for years to come.\n\u003c\/div\u003e","brand":"NewSouth Books","offers":[{"title":"Default Title","offer_id":46714958184684,"sku":"9780691125565","price":216.0,"currency_code":"NZD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/1242793482434.jpg?v=1754377422"},{"product_id":"financial-crises-liquidity-and-the-international-monetary-system-by-jean-tirole-9780691167046","title":"Financial Crises, Liquidity, and the International Monetary System","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eOnce upon a time, economists saw capital account liberalisation—the free and unrestricted flow of capital in and out of countries—as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises in recent decades have shattered the consensus.\u003c\/p\u003e\n\n\u003cp\u003eIn this remarkably clear and pithy volume, one of Europe's leading economists examines these crises, the reforms being undertaken to prevent them, and how global financial institutions might be restructured to this end. Jean Tirole first analyses the current views on the crises and on the reform of the international financial architecture.\u003c\/p\u003e\n\n\u003cp\u003eReform proposals often treat the symptoms rather than the fundamentals, he argues, and sometimes fail to reconcile the objectives of setting effective financing conditions while ensuring that a country \"owns\" its reform program. A proper identification of market failures is essential to reformulating the mission of an institution such as the IMF, he emphasises.\u003c\/p\u003e\n\n\u003cp\u003eNext, he adapts the basic principles of corporate governance, liquidity provision, and risk management of corporations to the particulars of country borrowing. Building on a \"dual- and common-agency perspective,\" he revisits commonly advocated policies and considers how multilateral organisations can help debtor countries reap enhanced benefits while liberalising their capital accounts.\u003c\/p\u003e\n\n\u003cp\u003eBased on the Paolo Baffi Lecture the author delivered at the Bank of Italy, this refreshingly accessible book, \u003cem\u003eFinancial Crises, Liquidity, and the International Monetary System\u003c\/em\u003e, is teeming with rich insights that researchers, policymakers, and students at all levels will find indispensable.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"NewSouth Books","offers":[{"title":"Default Title","offer_id":47455562563820,"sku":"9780691167046","price":56.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/717lcWbNdaL._SL1500.jpg?v=1774783234"},{"product_id":"economics-for-the-common-good-by-jean-tirole-9780691192253","title":"Economics for the Common Good","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cb\u003eJean Tirole, Winner of the 2014 Nobel Prize in Economics\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eSelected for Bloomberg View's \"Must-Reads of 2017: Monopolies, Sexism and Economics\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eOne of Financial Times (FT.com) Best Books of 2017: Economics\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eLonglisted for the 2017 Financial Times and McKinsey Business Book of the Year Award\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eOne of Bloomberg's Best Books of 2017\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eOne of Choice Reviews' Outstanding Academic Titles of 2018\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eOne of Project Syndicate's Best Reads in 2017 (chosen by J. Bradford DeLong)\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eWinner of the 2018 George S. Eccles Prize for Excellence in Economic Writing, Columbia Business School\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eOne of the Microsoft Best Business Books of 2017\u003c\/b\u003e\u003cbr\u003e\n\u003cb\u003eOne of the Times Higher Education Books of the Year 2017, chosen by Sir Anton Muscatelli\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003eFrom the Nobel Prize-winning economist, a bold new agenda for the role of economics in society.\u003c\/p\u003e\n\n\u003cp\u003eWhen Jean Tirole won the Nobel Prize in Economics, he suddenly found himself being stopped in the street by strangers and asked to comment on current events far from his own research. His transformation from academic economist to public intellectual prompted him to reflect more deeply on the role economists and their discipline play in society. The result is \u003ci\u003eEconomics for the Common Good\u003c\/i\u003e, a passionate manifesto for a world in which economics can help us improve the shared lot of societies and humanity as a whole.\u003c\/p\u003e\n\n\u003cp\u003eTo show how, Tirole shares his insights on a broad range of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation.\u003c\/p\u003e\n\n\u003cp\u003eCompelling and accessible, \u003ci\u003eEconomics for the Common Good\u003c\/i\u003e sets a new agenda for the role of economics in society.\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'Required reading for anybody who wants to understand today's economy.' - Olivier Blanchard, former Chief Economist of the International Monetary Fund\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'A constructive critique of economists with a strong defence of the subject they study.' - Martin Sandbu, \u003ci\u003eFinancial Times\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'An ambitious yet accessible summary of [Tirole's] ideas on the proper role of economists and the value of their ideas in informing government, business and social life...Tirole has a patient, explanatory style.' - Philip Delves Broughton, \u003ci\u003eWall Street Journal\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'Explains in straightforward language what academic economists do, how they think about society and human behavior, and what advice they tend to offer governments about some of the biggest challenges they face.' - \u003ci\u003eForeign Affairs\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'Spells out the usefulness of rigorous economic thinking for society in deep, yet accessible, language...[A] great book, rich with insights.' - Markus Brunnermeier, \u003ci\u003eFinance \u0026amp; Development\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47605620375788,"sku":"9780691192253","price":59.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691192253-economics-for-the-common-good.jpg?v=1778135851"}],"url":"https:\/\/bookhero.co.nz\/collections\/jean-tirole.oembed","provider":"Book Hero","version":"1.0","type":"link"}