1st Edition

The Economics of Banking

By Jin Cao Copyright 2022
676 Pages 136 Color Illustrations
by Routledge

676 Pages 136 Color Illustrations
by Routledge

676 Pages 136 Color Illustrations
by Routledge

T he 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... Read more
PART I INTRODUCTION

1 Introduction

PART II THE MICROECONOMICS OF BANKING

2 Fragile Banks

3 Information Frictions in Banking

4 Industrial Organization of Banking

5 Securitized Banking

6 Complexity in Banking

PART III THE MACROECONOMICS AND POLITICAL ECONOMY OF BANKING

7 Central Banking

8 The Banking-Macro Linkages

9 International Banking

10 Political Economy in Banking

PART IV THE ECONOMICS OF BANKING REGULATION

11 Systemic Risks and Macroprudential Regulation

12 Banking Regulation in Practice

PART V APPENDIX

 

Biography

Jin Cao is Research Economist of Norges Bank. He has taught at the University of Oslo, NTNU, and the University of Munich. His work is published in the Journal of Financial and Quantitative Analysis, Journal of Money, Credit and Banking, Journal of Banking and Finance, and other academic journals and books.