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From the Publisher
"The Oxford Handbook of Banking, Second Edition provides a comprehensive evaluation of the role of banking in the world economy. Many of the top experts in the world integrate theory and evidence to help inform our understanding of banking and its regulation. There is careful analysis of recent events during the financial crisis as well as the full range of historical experience. The sophisticated discussion is useful both for banking experts and novices."
Douglas W. Diamond, Merton H. Miller Distinguished Service Professor of Finance, University of Chicago Booth School of Business
"A good student of banking -- practitioner, academic or policymaker -- must understand equally well the microeconomics of financial intermediation as well as how it affects and is affected by policy and by the macroeconomy -- local and global. It is a challenge to cover both of these issues without compromising on depth and rigor. This book achieves this rare feat and will serve as a ready reference in the post-crisis world for all interest in banking."
Viral V. Acharya, C.V.Starr Professor of Economics, Department of Finance, New York University Stern School of Business
"What do banks do and how do their actions influence the economy? How do governments influence banks and what does this mean for economic risk and prosperity? If you want to know the answers to these and other questions about banking, this comprehensive book by an all-star group of scholars provides insightful answers."
Ross Levine, Willis H. Booth Chair in Banking and Finance, University of California, Berkeley
"If the recent financial crisis has taught us anything, it is that banks and other financial intermediaries are both vital to an economy's health, as well as a source of enormous vulnerability. In this wide-ranging collection, Berger, Molyneux and Wilson bring together some of the best contemporary thinking on issues of enduring academic interest and pressing policy concern."
Jeremy Stein, Moise Y. Safra Professor of Economics, Harvard University