About the Book
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.
Table of Contents:
1: Allen N. Berger, Phil Molyneux and John O.S. Wilson: Banking: An Overview
PART I: BANKING IN A POST CRISIS WORLD
2: Franklin Allen, Elena Carletti, and Xian Gu: The Roles of Banks in Financial Systems
3: Arnoud Boot and Anjan Thakor: Commercial Banking and Shadow Banking: The Accelerating Integration of Banks and Markets and its Implications for Regulation
4: Richard Herring and Jacopo Carmassi: Complexity and Systemic Risk: What's Changed After the Crisis?
5: Alan Morrison: Universal Banking
6: Jens Hagendorff: Corporate Governance in Banking
7: Linda Allen and Anthony Saunders: Risk Management in Banking
8: Christa Bouwman: Liquidity: How Banks Create it and How it should be Regulated
9: Kevin J. Stiroh: Diversification in Banking
PART II: BANK PERFORMANCE & OPERATIONS
10: Joe Hughes and Loretta Mester: Measuring the Performance of Banks: Theory, Practice, Evidence, and some Policy Implications
11: W. Scott Frame and Lawrence J. White: Technological Change, Financial Innovation, and Diffusion in Banking
12: Allen N. Berger: Small Business Lending By Banks: Lending Technologies and the Effects of Banking Industry Consolidation and Technological Change
13: Tom Durkin and Gregory Elliehausen: Consumer Lending
14: Gregory Donadio and Andreas Lehnert: Residential Mortgages
15: Barbara Casu and Anna Sarkisyan: Securitization
16: Adam Ashcraft, Tobias Adrian, and Nicola Cetorelli: Shadow Bank Monitoring
17: David Humphrey: Payments and Payment Systems
PART III: REGULATORY AND POLICY PERSPECTIVES
18: Michel Aglietta and Benoit Mojon: Central Banking
19: Joe Peek and Eric Rosengren: The Role of Banks in the Transmission of Monetary Policy
20: Xavier Freixas and Bruno Parigi: Lender of Last Resort and Bank Closure Policy: A Post-Crisis Perspective
21: Edward Kane: Regulation and Supervision: An Ethical Perspective
22: George G. Kaufman and Robert A. Eisenbeis: Deposit Insurance Issues in the Post 2008 Crisis World
23: Michael Gordy, Erik Heitfield, and Jason Wu: Risk-Based Regulatory Capital and the Basel Accords
24: Rob Bliss: Market Discipline in Financial Markets: Theory, Evidence, and Obstacles
25: Hans Degryse, Paolo Moralex Acevedo, and Steven Ongena: Competition in Banking
26: James R. Barth, Daniel Nolle, Tong (Cindy) Li, and Christopher Brummer: Systemically Important Banks (SIBs) in the Post-Crisis Era: The Global Response and Responses Around the Globe for 135 Countries
PART IV: MACROECONOMIC PERSPECTIVES
27: Philipp Hartmann, Olivier De Bandt, and Jose-Luis Peydro-Alcalde: Systemic Risk in Banking: An Update
28: Gerard Caprio and Patrick Honohan: Banking Crises: Those Hardy Perenials
29: Charles Calomiris: Bank Failures, the Great Depression, and other Contagious Events
30: Ricardo Correa and Horacio Sapriza: Sovereign Debt Crises
31: Claudia Buch and Gayle Delong: Banking Globalization: International Consolidation and Mergers in Banking
32: Asli Demirguc-Kunt and Martin Cihak: Revisiting the State's Role in Finance and Development
33: Nicola Cetorelli: Banking and Real Economic Activity
PART V: BANKING SYSTEMS AROUND THE WORLD
34: Robert Deyoung: Banking in the United States
35: John Goddard, Phil Molyneux, and John O.S. Wilson: Banking in the European Union: Deregulation, Crisis and Renewal
36: Hirofumi Uchida and Gregory Udell: Banking in Japan
37: Thorsten Beck and Robert Cull: Banking in Africa
38: Leora Klapper, Maria Soledad Martinez-Peria, and Bilal Zia: Banking in the Developing Nations of Asia: An Overview of Recent Changes in Ownership Structure
39: John Bonin, Iftekhar Hasan, and Paul Wachtel: Banking in Transition Countries
40: Jonathan Williams, Fernando Carvalho, and Luiz De Paula: Banking in Latin America
