000 02254nam a2200217Ia 4500
003 OSt
005 20241230152256.0
008 240314s9999 xx 000 0 und d
020 _a9780367405724
040 _c.
082 _a332.1
_bCAO
100 _aCao, Jin
245 4 _aThe Economics of Banking/
_cby Jin Cao
260 _aNew York:
_bRoutledge,
_c2022
300 _a641p.;
_c24cm.
505 _aChapter 1 Introduction Chapter 2 Fragile Banks Chapter 3 Information Frictions in Banking Chapter 4 Industrial Organization of Banking Chapter 5 Securitized Banking Chapter 6 Complexity in Banking Chapter 7 Central Banking Chapter 8 The Banking-Macro Linkages Chapter 9 International Banking Chapter 10 Political Economy in Banking Chapter 11 Systemic Risks and Macroprudential Regulation Chapter 12 Banking Regulation in Practice Solutions to Selected Exercises Bibliography Index
520 _aThe Economics of Banking provides an accessible overview of banking theory and practice. It introduces readers to the building blocks of fundamental theories and provides guidance on state-of-the-art research, reflecting the dramatic changes in the banking industry and banking research over the past two decades. This textbook explores market failure and financial frictions that motivate the role of financial intermediaries, explains the microeconomic incentives and behavior of participants in banking, examines microlevel market stress caused by economic recessions and financial crises, and looks at the role of monetary authorities and banking regulators to reduce systemic fragility as well as to improve macroeconomic stability. It delivers broad coverage of both the micro and macroeconomics of banking, central banking and banking regulation, striking a fine balance between rigorous theoretical foundations, sound empirical evidence for banking theories at work, and practical knowledge for banking and policymaking in the real world. The Economics of Banking is suitable for advanced undergraduate, master's, or early PhD students of economics and finance, and will also be valuable reading for bankers and banking regulators.
650 _a Bank and Banking
650 _aFinancial institutions Markets
942 _cBK
_2ddc
999 _c920
_d920