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Microeconomics of banking / Xavier Freixas and Jean-Charles Rochet.

Tác giả : Xavier Freixas and Jean-Charles Rochet.

Nhà xuất bản : MIT Press

Năm xuất bản : 2008

Nơi xuất bản : Cambridge, Mass.

Mô tả vật lý : xxi, 363 p. ; 24 cm

ISBN : 9780262062701 (hardcover : alk. paper)

Số phân loại : 332.1

Chủ đề : 1. Ngân hàng. 2. Banks and banking. 3. Finance -- Mathematical models. 4. Microeconomics. 5. Kinh tế vi mô.

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Tóm tắt :

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.

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