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.
Edited by:
Allen N. Berger,
Philip Molyneux,
John O. S. Wilson
Imprint: Oxford University Press
Country of Publication: United Kingdom
Edition: 2nd Revised edition
Dimensions:
Height: 253mm,
Width: 180mm,
Spine: 59mm
Weight: 1.838kg
ISBN: 9780199688500
ISBN 10: 0199688508
Series: Oxford Handbooks
Pages: 1104
Publication Date: 10 November 2014
Audience:
College/higher education
,
Professional and scholarly
,
Further / Higher Education
,
Undergraduate
Format: Hardback
Publisher's Status: Active
1: Allen N. Berger, Phil Molyneux and John O.S. Wilson: Banking: An Overview PART I: BANKING IN A POST CRISIS WORLD 2: Franklin Allen, Elena Carletti, and Xian Gu: The Roles of Banks in Financial Systems 3: Arnoud Boot and Anjan Thakor: Commercial Banking and Shadow Banking: The Accelerating Integration of Banks and Markets and its Implications for Regulation 4: Richard Herring and Jacopo Carmassi: Complexity and Systemic Risk: What's Changed After the Crisis? 5: Alan Morrison: Universal Banking 6: Jens Hagendorff: Corporate Governance in Banking 7: Linda Allen and Anthony Saunders: Risk Management in Banking 8: Christa Bouwman: Liquidity: How Banks Create it and How it should be Regulated 9: Kevin J. Stiroh: Diversification in Banking PART II: BANK PERFORMANCE & OPERATIONS 10: Joe Hughes and Loretta Mester: Measuring the Performance of Banks: Theory, Practice, Evidence, and some Policy Implications 11: W. Scott Frame and Lawrence J. White: Technological Change, Financial Innovation, and Diffusion in Banking 12: Allen N. Berger: Small Business Lending By Banks: Lending Technologies and the Effects of Banking Industry Consolidation and Technological Change 13: Tom Durkin and Gregory Elliehausen: Consumer Lending 14: Gregory Donadio and Andreas Lehnert: Residential Mortgages 15: Barbara Casu and Anna Sarkisyan: Securitization 16: Adam Ashcraft, Tobias Adrian, and Nicola Cetorelli: Shadow Bank Monitoring 17: David Humphrey: Payments and Payment Systems PART III: REGULATORY AND POLICY PERSPECTIVES 18: Michel Aglietta and Benoit Mojon: Central Banking 19: Joe Peek and Eric Rosengren: The Role of Banks in the Transmission of Monetary Policy 20: Xavier Freixas and Bruno Parigi: Lender of Last Resort and Bank Closure Policy: A Post-Crisis Perspective 21: Edward Kane: Regulation and Supervision: An Ethical Perspective 22: George G. Kaufman and Robert A. Eisenbeis: Deposit Insurance Issues in the Post 2008 Crisis World 23: Michael Gordy, Erik Heitfield, and Jason Wu: Risk-Based Regulatory Capital and the Basel Accords 24: Rob Bliss: Market Discipline in Financial Markets: Theory, Evidence, and Obstacles 25: Hans Degryse, Paolo Moralex Acevedo, and Steven Ongena: Competition in Banking 26: James R. Barth, Daniel Nolle, Tong (Cindy) Li, and Christopher Brummer: Systemically Important Banks (SIBs) in the Post-Crisis Era: The Global Response and Responses Around the Globe for 135 Countries PART IV: MACROECONOMIC PERSPECTIVES 27: Philipp Hartmann, Olivier De Bandt, and Jose-Luis Peydro-Alcalde: Systemic Risk in Banking: An Update 28: Gerard Caprio and Patrick Honohan: Banking Crises: Those Hardy Perenials 29: Charles Calomiris: Bank Failures, the Great Depression, and other Contagious Events 30: Ricardo Correa and Horacio Sapriza: Sovereign Debt Crises 31: Claudia Buch and Gayle Delong: Banking Globalization: International Consolidation and Mergers in Banking 32: Asli Demirguc-Kunt and Martin Cihak: Revisiting the State's Role in Finance and Development 33: Nicola Cetorelli: Banking and Real Economic Activity PART V: BANKING SYSTEMS AROUND THE WORLD 34: Robert Deyoung: Banking in the United States 35: John Goddard, Phil Molyneux, and John O.S. Wilson: Banking in the European Union: Deregulation, Crisis and Renewal 36: Hirofumi Uchida and Gregory Udell: Banking in Japan 37: Thorsten Beck and Robert Cull: Banking in Africa 38: Leora Klapper, Maria Soledad Martinez-Peria, and Bilal Zia: Banking in the Developing Nations of Asia: An Overview of Recent Changes in Ownership Structure 39: John Bonin, Iftekhar Hasan, and Paul Wachtel: Banking in Transition Countries 40: Jonathan Williams, Fernando Carvalho, and Luiz De Paula: Banking in Latin America
Allen N. Berger is the H. Montague Osteen, Jr., Professor in Banking and Finance, Moore School of Business, University of South Carolina; Senior Fellow, Wharton Financial Institutions Center; Extramural Fellow, CentER, Tilburg University; and Secretary/Treasurer, Financial Intermediation Research Society. He also currently serves on the editorial boards of six professional economics and finance journals. Professor Berger was Senior Economist from 1989 to 2008 and Economist from 1982-1989 at the Board of Governors of the Federal Reserve System. He is also past editor of the Journal of Money, Credit, and Banking, and has co-edited six special issues of various journals and the Oxford Handbook of Banking. He has published more than 100 professional articles, including papers in the Journal of Political Economy, American Economic Review, Journal of Monetary Economics, Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. Philip Molyneux is Dean of the College of Business, Law, Education and Social Sciences, and Professor of Banking and Finance at Bangor Business School, Bangor University, Wales. His main area of research is on the structure and efficiency of banking markets and he has published widely in this area, recent publications appear in the Journal of Money, Credit and Banking, Journal of Banking & Finance and the Review of Finance. In the past has acted as a consultant to: New York Federal Reserve Bank, World Bank, European Commission, UK Treasury; Citibank Private Bank, Barclays Wealth, McKinsey, Credit Suisse and various other international banks and consulting firms. John O. S. Wilson is Professor of Banking and Finance and Director for the Centre for Responsible Banking and Finance at the University of St Andrews, Scotland. His research interests focus on the areas of industrial organization, banking and credit unions. He is Associate Editor to the British Accounting Review, European Journal of Finance and the Journal of Money Credit and Banking and sits on the editorial boards of a number of journals including the Journal of Business Finance and Accounting and the Journal of Financial Economic Policy. In the period June 2011 to April 2012, John served as a full member of a Commission on Credit Unions established by the Irish Government.
Reviews for The Oxford Handbook of Banking, Second Edition
`Review from previous edition Impressive...written by outstanding researchers...provides a unique combination of banking relevant theory, empirical research and policy related material' The European Money and Finance Forum `The Oxford Handbook of Banking provides a masterful and comprehensive examination of the role of banks in the economy. Anyone with an interest in banking should have this book as a ready reference. Anyone seeking to become an expert in banking should read this insightful compilation of essays carefully.' Professor Ross Levine, James and Merryl Tisch Professor of Economics and Director, William R. Rhodes Center for International Economics and Finance, Brown University `The Oxford Handbook of Banking is a veritable tour-de-force. It collects in one place chapters by a who's who of the top researchers in the field. It offers anyone interested in banking an accessible, comprehensive, and state-of-the-art treatment of the subject. It is a must-read for students and researchers alike, as well as anyone interested in understanding the origins of the financial crisis of 2007-2009.' Professor Raghuram G. Rajan, Professor of Finance, the University of Chicago Booth School of Business `Given the important role of banks in the recent worldwide financial crisis, The Oxford Handbook of Banking, edited by Allen Berger, Phillip Molyneux and John Wilson, couldn't be more timely. This book provides in-depth analyses of the most important issues in banking by the very best scholars in the field. It will be a valuable reference book for years to come.' Frederic Mishkin, Alfred Lerner Professor of Banking and Financial Institutions, Graduate School of Business, Columbia University and Research Associate, National Bureau of Economic Research