The Oxford Handbook of Banking (Oxford Handbooks) - Tapa dura

This volume presents a comprehensive review of systematic risk in banking in order to understand how extreme financial crises cause negative effects to the macroeconomy and charts the frequency and severity of banking crises. (Wonderpedia)

The Oxford Handbook of Banking, Second Edition provides a comprehensive evaluation of the role of banking in the world economy. Many of the top experts in the world integrate theory and evidence to help inform our understanding of banking and its regulation. There is careful analysis of recent events during the financial crisis as well as the full range of historical experience. The sophisticated discussion is useful both for banking experts and novices. (Douglas W. Diamond, Merton H. Miller Distinguished Service Professor of Finance, University of Chicago Booth School of Business)

A good student of banking - practitioner, academic or policymaker - must understand equally well the microeconomics of financial intermediation as well as how it affects and is affected by policy and by the macroeconomy - local and global. It is a challenge to cover both of these issues without compromising on depth and rigor. This book achieves this rare feat and will serve as a ready reference in the post-crisis world for all interest in banking. (Viral V. Acharya, C.V.Starr Professor of Economics, Department of Finance, New York University Stern School of Business)

What do banks do and how do their actions influence the economy? How do governments influence banks and what does this mean for economic risk and prosperity? If you want to know the answers to these and other questions about banking, this comprehensive book by an all-star group of scholars provides insightful answers. (Ross Levine, Willis H. Booth Chair in Banking and Finance, University of California, Berkeley)

If the recent financial crisis has taught us anything, it is that banks and other financial intermediaries are both vital to an economy's health, as well as a source of enormous vulnerability. In this wide-ranging collection, Berger, Molyneux and Wilson bring together some of the best contemporary thinking on issues of enduring academic interest and pressing policy concern. (Jeremy Stein, Moise Y. Safra Professor of Economics, Harvard University)

The Oxford Handbook of Banking, Second Edition provides an overview and analysis of developments and research in banking written by leading researchers in the field. This handbook will appeal to graduate students of economics, banking and finance, academics, practitioners, regulators, and policy makers. Consequently, the book strikes a balance between abstract theory, empirical analysis, and practitioner, and policy-related material.

The Handbook is split into five parts. Part I, The Theory of Banking, examines the role of banks in the wider financial system, why banks exist, how they function, and their corporate governance and risk management practices. Part II deals with Bank Operations and Performance. A range of issues are covered including bank performance, financial innovation, and technological change. Aspects relating to small business, consumer, and mortgage lending are analysed together with securitization, shadow banking, and payment systems. Part III entitled Regulatory and Policy Perspectives discusses central banking, monetary policy transmission, market discipline, and prudential regulation and supervision. Part IV of the book covers various Macroeconomic Perspectives in Banking. This part includes a discussion of systemic risk and banking and sovereign crises, the role of the state in finance and development as well as how banks influence real economic activity. The final Part V examines International Differences in Banking Structures and Environments. This part of the Handbook examines banking systems in the United States, European Union, Japan, Africa, Transition countries, and the developing nations of Asia and Latin America.