Banking Regulation and the Financial Crisis

By Jin Cao

© 2011 – Routledge

228 pages | 65 B/W Illus.

Purchasing Options:
Paperback: 9781138798670
pub: 2014-05-18
US Dollars$54.95
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Hardback: 9780415607803
pub: 2012-01-15
US Dollars$140.00
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About the Book

This book is a review on the economic theories of systemic risks in the financial market and the topics in constructing the macroprudential framework for banking regulation in the future. It explains the reasons why the traditional microprudential regulatory framework missed its target in stabilizing the market and preventing the crisis, and discusses the principles and instruments for designing macroprudential rules.

Table of Contents

Part 1: Introduction Part 2: Externilities, Network Effects, and Systemic Risks 1. Unstable Banking 2. Financial Network, Interconnectedness, and Contagion 3. Endogenous Exposure to Systemic Liquidity Risks 4. Financial Complexity and Systemic Risk 5. Leverage and Leverage Cycle 6. Micro Fragility and Macro Stability Part 3: Topics in Macroprodential Regulation 7. From Microprudential to Macroprudential Regulation 8. Liquidity Regulation and the Lender of Last Resort Policy 9. Capital Requirements and Equity Buffer

About the Author

Jin Cao is an Advisor at the Research Department of the Financial Stability Wing of Norges Bank, Oslo, Norway.

About the Series

Routledge International Studies in Money and Banking

This series explores the roles of money and banking in the modern world. Banking is an increasingly important and international industry, and its interaction with money is a major concern for the world's economic policy-makers.

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Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS004000
BUSINESS & ECONOMICS / Banks & Banking
BUS027000
BUSINESS & ECONOMICS / Finance
BUS039000
BUSINESS & ECONOMICS / Economics / Macroeconomics
BUS069000
BUSINESS & ECONOMICS / Economics / General