Introduction Geoffrey P. Miller
PART I THE NATURE OF THE BANKING FIRM
1. George J. Benston (2004), ‘What’s Special About Banks?’, Financial Review, 39 (1), February, 13–33
2. Martin Hellwig (1998), ‘Banks, Markets, and the Allocation of Risks in an Economy’, Journal of Institutional and Theoretical Economics, 154 (1), March, 328–45
3. Anil K. Kashyap, Raghuram Rajan and Jeremy C. Stein (2002), ‘Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit-Taking’, Journal of Finance, 57 (1), February, 33–73
4. Douglas W. Diamond and Raghuram G. Rajan (2001), ‘Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking’, Journal of Political Economy, 109 (2), April, 287–327
PART II SHADOW BANKS
5. Gary Gorton and Andrew Metrick (2010), ‘Regulating the Shadow Banking System’, Brookings Papers on Economic Activity, 41 (2), Fall, 261–312
6. Morgan Ricks (2012), ‘A Regulatory Design for Monetary Stability’, Vanderbilt Law Review, 65 (5), October, 1289–360
PART III LIQUIDITY
7. Charles W. Calomiris and Charles M. Kahn (1991), ‘The Role of Demandable Debt in Structuring Optimal Banking Arrangements’, American Economic Review, 81 (3), June, 497–513
8. Gary Gorton and George Pennacchi (1990), ‘Financial Intermediaries and Liquidity Creation’, Journal of Finance, 45 (1), March, 49–71
PART IV LENDING
9. Gary Gorton and James Kahn (2000), ‘The Design of Bank Loan Contracts’, Review of Financial Studies, 13 (2), April, 331–64
10. Clifford W. Smith, Jr. and Jerold B. Warner (1979), ‘On Financial Contracting: An Analysis of Bond Covenants’, Journal of Financial Economics, 7 (2), June, 117–61
11. Douglas W. Diamond (1984), ‘Financial Intermediation and Delegated Monitoring’, Review of Economic Studies, 51 (3), July, 393–414
12. Franklin Allen and Anthony M. Santomero (1997), ‘The Theory of Financial Intermediation’, Journal of Banking and Finance, 21 (11–12), December, 1461–85
PART V CAPITAL
13. Douglas W. Diamond and Raghuram G. Rajan (2000), ‘A Theory of Bank Capital’, Journal of Finance, 55 (6), December, 2431–65
14. Berry K. Wilson and Edward J. Kane (1996), ‘The Demise of Double Liability as an Optimal Contract for Large-Bank Stockholders’, NBER Working Paper No. 5848, December, i, 2–24, notes
15. Benjamin C. Esty (1998), ‘The Impact of Contingent Liability on Commercial Bank Risk Taking’, Journal of Financial Economics, 47 (2), February, 189–218
16. John C. Coffee, Jr. (2011), ‘Systemic Risk After Dodd-Frank: Contingent Capital and the Need for Regulatory Strategies Beyond Oversight’, Columbia Law Review, 111 (4), May, 795–847
17. Patrick Bolton and Frédéric Samama (2012), ‘Capital Access Bonds: Contingent Capital with an Option to Convert’, Economic Policy, 27 (70), April, 277–317
18. Charles W. Calomiris and Richard J. Herring (2013), ‘How to Design a Contingent Convertible Debt Requirement That Helps Solve Our Too-Big-to-Fail Problem’, Journal of Applied Corporate Finance, 25 (2), Spring, 39–62
PART VI BANK RUNS AND SYSTEMIC RISK
19. Douglas W. Diamond and Philip H. Dybvig (1983), ‘Bank Runs, Deposit Insurance, and Liquidity’, Journal of Political Economy, 91 (3), June, 401–19
20. Charles W. Calomiris (1990), ‘Is Deposit Insurance Necessary? A Historical Perspective’, Journal of Economic History, 50 (2), June, 283–95
Index

Covering the most important areas of the subject, such as financial crises, the nature of the banking firm, and issues in bank regulation, Economics of Financial Law is a comprehensive collection of the papers that have shaped the field of financial law. The original introduction by editor Professor Miller provides a thorough and authoritative examination of the material and, together with the articles included, will prove to be an invaluable resource for academics and practitioners alike. ---provided by publisher