Economics of Banking

Economics of Banking

by Hans Keiding
Economics of Banking

Economics of Banking

by Hans Keiding

Paperback(1st ed. 2015)

$94.95 
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Overview

Economics of Banking presents a thorough overview and analysis of the key aspects of financial intermediation necessary to understand this field.

Based on the latest theory, and supporting arguments with practical examples, Hans Keiding discusses the problems of competition, risk taking in banks and the irregularities that may occur as a result. Banks in distress and avoiding bank failures through suitable regulation are also treated in a rigorous, yet easy-to-understand way.

Economics of Banking:
- Treats financial intermediation both from the point of view of the bank itself and from that of society
- Covers both microeconomics of banking and risk management in banks
- Offers more complicated mathematics as optional.

A comprehensive advanced undergraduate or master's level textbook for students in banking, economics and finance who need to get to grips with the economic theory of banks.


Product Details

ISBN-13: 9781137453044
Publisher: Bloomsbury Academic
Publication date: 09/30/2015
Edition description: 1st ed. 2015
Pages: 392
Product dimensions: 7.40(w) x 9.60(h) x 0.80(d)

About the Author

Hans Keiding is Professor of Economics at the University of Copenhagen, Denmark.
Hans Keiding is Professor of Economics at the University of Copenhagen, Denmark.

Table of Contents

1. Why are there Banks?
2. The Business Lines of a Bank
3. Basic Concepts of Risk Management
4. Market Risk and Value at Risk Analysis
5. The Loan Contract
6. Credit Rationing
7. Credit Risk
8. Securitization and Shadow Banking
9. Investment Banking and Corporate Finance
10. Payments
11. Competition and Risk Taking
12. Irregularities in the Banking Sector
13. Operational Risk
14. Liquidity Shocks, Bank Runs and the Interbank Market
15. Deposit Insurance
16. Lenders of Last Resort and Central Banks
17. Reorganization of Banks
18. Capital Regulation and the Basel Accords
References
Index.

What People are Saying About This

From the Publisher

The proposal looks like it fills a gap in the market. The banking MSc courses in economics departments generally end up using textbooks designed for a business/management audience. This is quite unsatisfactory. The proposed book is very interesting and I would look forward to reviewing a more developed version of it ... I can imagine it serving as a core text on my Financial Intermediation module and as a useful reference for the Money and Banking module. We also have a Risk Management module for which it may be a good reference ... Freixas and Rochet has always been too concise for an MSc audience and requires the use of other texts for intuition and results. The situation of this proposed text – between the rigour of Freixas and Rochet and the accessibility of other texts such as Greenbaum and Thakor – is a very good one.' - Alex Trew, University of St Andrews, UK...

The combined coverage of both banking and risk management indeed is novel.' - Jan Marc Berk, Rijksuniversiteit Groningen, The Netherlands

'We have searched for years without finding a book that is at the right level for master students and broad enough for being a main text. F&R are famous, Keiding may need more marketing ... Relative to F&R we expect Keiding's book to be better organized, more balanced in coverage. Keiding will have more on topics relevant for coming bankers (risk management), F&R more for researchers ... Recommend publication: Yes, Adoption: We would probably try it out one semester.' - Asbjørn Rødseth and Jon Vislie, University of Oslo, Norway

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