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The economics of banking
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ISBN: 1000465497 0429356773 1000465446 Year: 2022 Publisher: Abingdon, Oxon ; New York, New York : Routledge,

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The 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.


Book
Banking regulation and the financial crisis
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ISBN: 9780415607803 Year: 2012 Publisher: London Routledge

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Book
The economics of banking
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ISBN: 9780429356773 9780367405724 9780367405717 Year: 2022 Publisher: London Routledge, Taylor & Francis Group

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Keywords

Private finance


Book
Instructor's Manual for Money: Theory and Practice
Authors: ---
ISBN: 3030236188 303023617X Year: 2019 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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This instructor’s manual complements the textbook “Money: Theory and Practice," which provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The manual provides teachers with exercises and examples that reflect both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses recent research on an intuitive level based on simple static and two-period models.


Book
Money: Theory and Practice
Authors: ---
ISBN: 3030196976 9783030196974 3030196968 Year: 2019 Publisher: Cham : Springer International Publishing : Imprint: Springer,

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This textbook provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The book presents both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses recent research on an intuitive level based on simple static and two-period models, but also prepares readers for an extension to a truly dynamic analysis. Further, it offers a systematic perspective on monetary policy, covering a wide range of models to help readers gain a better understanding of controversial issues. Part I examines the long-run perspective, addressing classical monetary policy issues such as determination of the price level and interaction between monetary and fiscal policy. Part II introduces the core New Keynesian model, characterizing optimal monetary policy to stabilize short-term shocks. It discusses rules vs. discretion and the challenges arising from control errors, imperfect information and robustness issues. It also analyzes optimal control in the presence of an effective lower bound. Part III focuses on modelling financial frictions. It identifies the transmission mechanisms of monetary policy via banking and introduces models with incomplete markets, principal-agent problems, maturity mismatch and leverage cycles, to show why investors’ and intermediaries’ own stakes play a key role in lending with pro-cyclical features. In addition, it presents a tractable model for handling liquidity management and demonstrates that the need to sell assets in crisis amplifies the volatility of the real economy. Lastly, the book discusses the relation between monetary policy and financial stability, addressing systemic risk and the role of macro-prudential regulation. .


Book
Southwest China in a regional and global perspective (c. 1600-1911) : metals, transport, trade and society
Authors: ---
ISBN: 9004353712 9789004353718 9789004353633 9004353631 Year: 2018 Publisher: Leiden, Netherlands ; Boston, [Massachusetts] : Brill,

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The book Southwest China in Regional and Global Perspectives (c. 1600-1911) is dedicated to important issues in society, trade, and local policy in the southwestern provinces of Yunnan, Guizhou and Sichuan during the late phase of the Qing period. It combines the methods of various disciplines to bring more light into the neglected history of a region that witnessed a faster population growth than any other region in China during that age. The contributions to the volume analyse conflicts and arrangements in immigrant societies, problems of environmental change, the economic significance of copper as the most important “export” product, topographical and legal obstacles in trade and transport, specific problems in inter-regional trade, and the roots of modern transnational enterprise.


Digital
Endogenous systemic liquidity risk
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Year: 2009 Publisher: Munich CESifo

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Digital
"Interest rate trap", or : Why does the Central Bank keep the policy rate too low for too long time?
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Year: 2012 Publisher: Munich CESifo

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Central banking and financial stability in the long run
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Year: 2013 Publisher: Munich CESifo

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Digital
Liquidity shortages and monetary policy
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Year: 2008 Publisher: Munich CESifo

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