The Industrial Organization of Banking

The Industrial Organization of Banking Author David VanHoose
ISBN-10 9783662543269
Release 2017-06-06
Pages 303
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This book aims to provide a thoroughly updated overview and evaluation of the industrial organization of banking. It examines the interplay among bank behavior, market structure, and regulation from the perspective of a variety of public policy issues, including bank competition and risk, market discipline, antitrust issues, and capital regulation. New to this edition are discussions of the economic foundations of international banking, macroprudential regulation, and international coordination of banking policies. The book can serve as a learning tool and reference for graduate students, academics, bankers, and policymakers with interests in the industrial organization of the banking sector and the impacts of banking regulations.

Essays on the Industrial Organization of ATM Networks in the Banking Industry Moment Inequalities and Corporate Governance

Essays on the Industrial Organization of ATM Networks in the Banking Industry  Moment Inequalities  and Corporate Governance Author Joy Lynn Ishii
ISBN-10 OCLC:85886772
Release 2005
Pages 252
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Essays on the Industrial Organization of ATM Networks in the Banking Industry Moment Inequalities and Corporate Governance has been writing in one form or another for most of life. You can find so many inspiration from Essays on the Industrial Organization of ATM Networks in the Banking Industry Moment Inequalities and Corporate Governance also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Essays on the Industrial Organization of ATM Networks in the Banking Industry Moment Inequalities and Corporate Governance book for free.

The Oxford Handbook of Banking

The Oxford Handbook of Banking Author Allen N. Berger
ISBN-10 9780199688500
Release 2014
Pages 1051
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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.

Competition and Stability in Banking

Competition and Stability in Banking Author Xavier Vives
ISBN-10 9781400880904
Release 2016-08-02
Pages 344
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Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007–2009, which originated from an oversupply of credit, once again raised questions about excessive banking competition and what should be done about it. Competition and Stability in Banking addresses the critical relationships between competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies. Xavier Vives argues that while competition is not responsible for fragility in banking, there are trade-offs between competition and stability. Well-designed regulations would alleviate these trade-offs but not eliminate them, and the specificity of competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with tighter prudential requirements in more competitive situations, but he also shows that supervisory and competition authorities should stand separate from each other, each pursuing its own objective. Vives reviews the theory and empirics of banking competition, drawing on up-to-date analysis that incorporates the characteristics of modern market-based banking, and he looks at regulation, competition policies, and crisis interventions in Europe and the United States, as well as in emerging economies. Focusing on why banking competition policies are necessary, Competition and Stability in Banking examines regulation's impact on the industry's efficiency and effectiveness.

Microeconomics of Banking

Microeconomics of Banking Author Xavier Freixas
ISBN-10 9780262303859
Release 2008-03-14
Pages 392
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Over the last thirty years, a new paradigm in banking theory has overturned economists' traditional vision of the banking sector. The asymmetric information model, extremely powerful in many areas of economic theory, has proven useful in banking theory both for explaining the role of banks in the economy and for pointing out structural weaknesses in the banking sector that may justify government intervention. In the past, banking courses in most doctoral programs in economics, business, or finance focused either on management or monetary issues and their macroeconomic consequences; a microeconomic theory of banking did not exist because the Arrow-Debreu general equilibrium model of complete contingent markets (the standard reference at the time) was unable to explain the role of banks in the economy. This text provides students with a guide to the microeconomic theory of banking that has emerged since then, examining the main issues and offering the necessary tools for understanding how they have been modeled. This second edition covers the recent dramatic developments in academic research on the microeconomics of banking, with a focus on four important topics: the theory of two-sided markets and its implications for the payment card industry; "non-price competition" and its effect on the competition-stability tradeoff and the entry of new banks; the transmission of monetary policy and the effect on the functioning of the credit market of capital requirements for banks; and the theoretical foundations of banking regulation, which have been clarified, although recent developments in risk modeling have not yet led to a significant parallel development of economic modeling.Praise for the first edition:"The book is a major contribution to the literature on the theory of bankingand intermediation. It brings together and synthesizes a broad range ofmaterial in an accessible way. I recommend it to all serious scholars andstudents of the subject. The authors are to be congratulated on a superbachievement." -- Franklin Allen, Nippon Life Professor of Finance and Economics, WhartonSchool, University of Pennsylvania"This book provides the first comprehensive treatment of the microeconomicsof banking. It gives an impressive synthesis of an enormous body ofresearch developed over the last twenty years. It is clearly written and apleasure to read. What I found particularly useful is the great effort thatXavier Freixas and Jean-Charles Rochet have taken to systematicallyintegrate the theory of financial intermediation into classicalmicroeconomics and finance theory. This book is likely to become essentialreading for all graduate students in economics, business, and finance." -- Patrick Bolton, Barbara and David Zalaznick Professor of Business, Columbia University Graduate School of Business"The authors have provided an extremely thorough and up-to-date survey ofmicroeconomic theories of financial intermediation. This work manages to beboth rigorous and pleasant to read. Such a book was long overdue and shouldbe required reading for anybody interested in the economics of banking andfinance." -- Mathias Dewatripont, Professor of Economics, ECARES, Universit

Microeconometrics of Banking

Microeconometrics of Banking Author Hans Degryse
ISBN-10 9780195340471
Release 2009
Pages 234
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This title provides a compendium to recent work in empirical banking. It follows the structure in 'The Microeconomics of Banking' by Xavier Freixas and Jean Charles Rochet in arranging the relevant methodologies, applications and results to achieve a coherent synthesis between available theory and supporting empirics

The Changing Geography of Banking and Finance

The Changing Geography of Banking and Finance Author Pietro Alessandrini
ISBN-10 0387980784
Release 2009-06-16
Pages 300
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The editors and contributors tackle a timely subject, and present rigorous research and analysis to demonstrate counter-intuitive results. In so doing, they reinforce the connections between organization and policy in the banking industry and its impact on entrepreneurship, through lending and credit to small and medium-sized businesses. The editors present a carefully organized manuscript that presents both literature reviews and the results of original empirical research that will be of interest to academics and professionals in finance, economics, and policy. The authorship and coverage are global. One of the authors, Michele Fratiani, has close ties to Springer, by virtue of his being a founding editor of Open Economies Review and co-editor of the book series, European and Transatlantic Studies.

Industrial Organization

Industrial Organization Author John Lipczynski
ISBN-10 0273688022
Release 2005-01-01
Pages 780
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Industrial Organisation¿s unrivalled clear writing style and real-world case study material make this the ideal text for all students following a course in Industrial Organisation or Industrial Economics.

The Theory and Industrial Organization of International Banking

The Theory and Industrial Organization of International Banking Author Ian H. Giddy
ISBN-10 OCLC:65193619
Release 1980
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The Theory and Industrial Organization of International Banking has been writing in one form or another for most of life. You can find so many inspiration from The Theory and Industrial Organization of International Banking also informative, and entertaining. Click DOWNLOAD or Read Online button to get full The Theory and Industrial Organization of International Banking book for free.

Economic Effects of Regulatory Policy in Industrial Organization Banking and Finance

Economic Effects of Regulatory Policy in Industrial Organization  Banking and Finance Author Naoaki Minamihashi
ISBN-10 OCLC:777007575
Release 2011
Pages 204
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Abstract: This thesis evaluates the effects of regulation on the real economy in Industrial Organization, Banking and Finance. Chapter 1 shows that a regulation designed to promote competition in one market can decrease competition in another market. I build a data set on the construction of fiber-optic networks in Japan from 2005 to 2009. Using linear regressions and probit regressions, I find that when access pricing regulation is more binding, construction of new optical-fiber networks by facilities-based entrants decreases. In Chapter 2, I apply structural estimation techniques to this problem. Although I can learn the immediate effects of usage on investment decisions in reduced-form analysis, it is hard to learn the long-run effects on an oligopoly equilibrium without a dynamic structural model. By modeling competition in building fiber-optic networks as a dynamic game, we can analyze dynamic behavior of firms, and estimate profit and sunk cost. The estimation result shows that unbundling decreases profit from of building fiber lines for new entrants, and new entry decreases as a result. The results of Chapters 1 and 2, suggest that unbundling regulation during periods of new technology diffusion may reduce the price of service but also decrease competition in the infrastructure market. Chapter 3 investigates the mechanism by which bank failures affect the real economy from the lenders' perspective. Using a natural experimental setting of unique bank failures in Japan, this chapter identifies the credit crunch effect of bank failures. The main findings are the following. First, bank failures decrease the investment by client firms by approximately 30%. Second, the high investment growth/level firms deal with unhealthy banks. These choices generate a self-selection bias of 30-80%. Third, there is no evidence that the effect of a bank failure is related to the firms' accessibility to other financial sources. These findings suggest that large bank failures can trigger further recessions, if regulatory authorities do not prevent them.

Microeconometrics of Banking Methods Applications and Results

Microeconometrics of Banking  Methods  Applications  and Results Author CTI Reviews
ISBN-10 9781497042476
Release 2016-09-26
Pages 27
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Facts101 is your complete guide to Microeconometrics of Banking, Methods, Applications, and Results. In this book, you will learn topics such as The Industrial Organization Approach to Banking, The LenderBorrower Relationship, Equilibrium and Rationing in the Credit Market, and The Macroeconomic Consequences of Financial Imperfections plus much more. With key features such as key terms, people and places, Facts101 gives you all the information you need to prepare for your next exam. Our practice tests are specific to the textbook and we have designed tools to make the most of your limited study time.

Applied Industrial Organization

Applied Industrial Organization Author Karl Aiginger
ISBN-10 0792330501
Release 1994-10-31
Pages 250
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Applied Industrial Organization offers a perspective on the richness of empirical industrial organization studies. Some papers derive empirical implications from theoretical models, but other papers start from empirical evidence and construct a theory. Three major topics are explored: the role of innovation, the evolution of market structure and firms, and the determinations of performance. As the central force of market economies, innovation is the essence of competition and results in changes to market structures. Other forces driving the evolution of markets and firms are also analyzed. Finally, the determinants of profitability are investigated. In particular, characteristics such as price flexibility, successful lenders and monopoly regulation are examined. Contributors include F.M. Scherer, Paul Geroski, John Hey, David Audretsch, Manfred Neumann, among others.

Empirical Studies in Industrial Organization

Empirical Studies in Industrial Organization Author David B. Audretsch
ISBN-10 0792318064
Release 1992-01-01
Pages 282
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Empirical Studies in Industrial Organization brings together leading scholars who present state-of-the-art research in the spirit of the structure-conduct-performance paradigm embodied in the work of Leonard W. Weiss. The individual chapters are generally empirically or public policy oriented. A number of them introduce new sources of data that, combined with the application of appropriate econometric techniques, enable new breakthroughs and insights on issues hotly debated in the industrial organization literature. For example, five of the chapters are devoted towards uncovering the link between market concentration and pricing behavior. While theoretical models have produced ambiguous predictions concerning the relationship between concentration and price these chapters, which span a number of different markets and situations, provide unequivocal evidence that a high level of market concentration tends to result in a higher level of prices. Three of the chapters explore the impact of market structure on production efficiency, and three other chapters focus on the role of industrial organization on public policy. Contributors include David B. Audretsch, Richard E. Caves, Mark J. Roberts, F.M. Scherer, John J. Siegfried and Hideki Yamawaki.

The Industrial Organization of an Indian Province

The Industrial Organization of an Indian Province Author Sir Theodore Morison
ISBN-10 HARVARD:32044082002817
Release 1906
Pages 327
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The Industrial Organization of an Indian Province has been writing in one form or another for most of life. You can find so many inspiration from The Industrial Organization of an Indian Province also informative, and entertaining. Click DOWNLOAD or Read Online button to get full The Industrial Organization of an Indian Province book for free.

Inside Swiss Banking

Inside Swiss Banking Author Beat Guldimann
ISBN-10 9780557165841
Release 2010-01
Pages 238
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Inside Swiss Banking provides an insider's perspective on how Swiss banks work, what legal frameworks guide them and how they navigate though the choppy waters of an increasingly global marketplace. Covering areas reaching from the Holocaust to Ferdinand Marcos and the most recent troubles of UBS in the United States, readers will get a rare level of insight into the many mysteries of Swiss banking, the true meaning of bank secrecy and the challenges facing the Swiss Banking brand as a new world order is about to transpire in the aftermath of the deepest economic crisis since the Great Depression.


Bankruption Author John Waupsh
ISBN-10 9781119273882
Release 2016-10-28
Pages 312
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Community banking can flourish in the face of fintech and global competition with a fresh approach to strategy Bankruption + Website offers a survival guide for community banks and credit unions searching for relevance amidst immense global competition and fintech startups. Author John Waupsh is the Chief Innovation Officer at Kasasa, where he helps spearhead financial product development and implementation across hundreds of institutions. In this guide, he draws on more than a decade in the industry to offer clear, practical advice for competing with the megabanks, direct banks, non-banks, and financial technology companies. The discussion separates futurist thinking from today's realities, and dispels common myths surrounding the U.S. community banking model in order to shed light on the real challenges facing community banking institutions. It follows with clear solutions, proven strategies, and insight from experts across banking and fintech. All arguments are backed by massive amounts of data, and the companion website provides presentation-ready visualizations to help you kickstart change within your team. In the U.S. and around the globe, fintech companies and non-banks alike are creating streams of banking services that are interesting, elegant, and refreshing—and they're winning the hearts and minds of early adopters. Not a one-size-fits-all approach, this book offers many different tactics for community banks and credit unions to compete and flourish in the new world. Analyze fintech's threat to the community banking model Learn where community banking must improve to compete Disprove the myths to uncover the real challenges banks face Adopt proven strategies to bring your organization into the future Community banks and credit unions were once the go-to institutions for local relationship banking, but their asset share has been on the decline for three decades as the big banks just got bigger. Now, fintech companies are exploiting inefficiencies in the traditional banking model to streamline service and draw even more market share, as community banking executives are left at a loss for fresh tactics and forward-looking strategy. Bankruption + Website shows how community banks can be saved, and provides a proven path to success.

Financial Dependence Banking Sector Competition and Economic Growth

Financial Dependence  Banking Sector Competition  and Economic Growth Author Stijn Claessens
Release 2005
Pages 48
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"The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization theory. They then relate this competition measure to growth of industries and find that greater competition in countries' banking systems allows financially dependent industries to grow faster. These results are robust under a variety of tests. The results suggest that the degree of competition is an important aspect of financial sector funding. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study competition in banking"--World Bank web site.