Download or read book Banking and Monetary Studies written by Deane Carson and published by Homewood, Ill. : R.D. Irwin. This book was released on 1963 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of essays, written by 25 professional economists, deals with history, theory, policy and contemporary problems of US monetary and banking institutions.
Download or read book Contemporary Financial Intermediation written by Stuart I. Greenbaum and published by Academic Press. This book was released on 2019-05-14 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary Financial Intermediation, 4th Edition by Greenbaum, Thakor, and Boot continues to offer a distinctive approach to the study of financial markets and institutions by presenting an integrated portrait that puts information and economic reasoning at the core. Instead of primarily naming and describing markets, regulations, and institutions as is common, Contemporary Financial Intermediation explores the subtlety, plasticity and fragility of financial institutions and credit markets. In this new edition every chapter has been updated and pedagogical supplements have been enhanced. For the financial sector, the best preprofessional training explains the reasons why markets, institutions, and regulators evolve they do, why we suffer recurring financial crises occur and how we typically react to them. Our textbook demands more in terms of quantitative skills and analysis, but its ability to teach about the forces shaping the financial world is unmatched. Updates and expands a legacy title in a valuable field Holds a prominent position in a growing portfolio of finance textbooks Teaches tactics on how to recognize and forecast fluctuations in financial markets
Download or read book Studies in Money Finance and Banking written by Ed. Manoranjan Sharma and published by Atlantic Publishers & Dist. This book was released on 2005 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Growth Is Positively Related To The Stage Of Financial Development. Earlier The Indian Financial System Suffered From Financial Repression . Post-1991, The Liberalisation Process Attempted To Make Credit Institutions Organisationally Strong, Financially Viable And Operationally Efficient By Well-Sequenced Reforms. These Reforms Led To A Heightened Consciousness Of Ownership And Capital Structure, Enhanced Competition, Increased Autonomy, Technological Upgradation And Performance Change. Achievement Of Competitive Advantage Requires Continued Accent On Efficiency, Productivity, Profitability And Technological Automation. The Major Challenge For Public Sector Banks (Psbs) Relates To Networking And Providing Core-Banking Solutions. Restructuring Branches, Downsizing Manpower, Reducing Operational Risk And Transactions Cost By Progressively Greater Use Of The Convergence Of Information And Communication Technology (Ict), Containing Accretions To Npas And Optimising Efficiency Have Also Emerged As Key Policy Variables Impacting The Working Of The Winning Formula. The New Capital Accord, Which Is Based On A Three Pillars Approach Of Minimum Capital Requirements, Supervisory Review Process And Market Discipline, Requires Tectonic Changes. Some Of The Key Drivers Of Basel Ii Relate To Technological Advances Leading To Emergence Of New Financial Products And New Ways Of Delivering Them, Progressively Larger Deregulation, Demographic Changes And The Nexus Of Increased Competition, Enhanced Search For Shareholder Value And Spread Of Financial Safety Nets. These Forces And Their Interactions Have Been Reflected In Securitisation, Globalisation And Consolidation In The Financial Services Industry. But Basel Ii Accord Is An Evolving Process To Handle Financial Innovation And Increasing Cross-Border Flows Triggered By Rapid Technological Advancements. Systemic Reform Of The Banking System Necessitates Streamlined Risk Management, Adequate Capital Provision, Sound Supervisory And Regulatory Practices, Transparency And Macroeconomic Stability.The Book Would Be Useful To A Wide Crosssection Of The Reading Public, Including Scholars And Academics, Government Executives, International Institutions, Business Communities And Planners, Bankers And Policymakers.
Download or read book Bank Lending in the Knowledge Economy written by Mr.Giovanni Dell'Ariccia and published by International Monetary Fund. This book was released on 2017-11-07 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study bank portfolio allocations during the transition of the real sector to a knowledge economy in which firms use less tangible capital and invest more in intangible assets. We show that, as firms shift toward intangible assets that have lower collateral values, banks reallocate their portfolios away from commercial loans toward other assets, primarily residential real estate loans and liquid assets. This effect is more pronounced for large and less well capitalized banks and is robust to controlling for real estate loan demand. Our results suggest that increased firm investment in intangible assets can explain up to 20% of bank portfolio reallocation from commercial to residential lending over the last four decades.
Download or read book Research in Banking and Finance written by I. Hasan and published by Elsevier. This book was released on 2003-04-25 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume includes papers on topics related to efficiency issues in U.S. and European equity and options markets, as well as the productive efficiency of various types of depository financial institutions. In the capital market context, the book highlights the provisions of efficient trading services in the capital markets and the role of market size, concentration, quality, governance and automation of trading. In the banking perspectives, the volume presents topics related to market integration, dynamic models of bank production, regulatory closure rules for banking firms, risk based insurance premiums in banking, and the economics of the research and development in private firms.
Download or read book The Economics of Money Banking and Financial Markets written by Frederic S. Mishkin and published by Pearson Education. This book was released on 2007 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics of Money, Banking, and Financial Markets heralded a dramatic shift in the teaching of the money and banking course in its first edition, and today it is still setting the standard. By applying an analytical framework to the patient, stepped-out development of models, Frederic Mishkin draws students into a deeper understanding of modern monetary theory, banking, and policy. His landmark combination of common sense applications with current, real-world events provides authoritative, comprehensive coverage in an informal tone students appreciate.
Download or read book Mathematical Finance written by Mark H. A. Davis and published by Oxford University Press, USA. This book was released on 2019 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now a vital part of modern economies, the rapid growth of the finance industry in recent decades is largely due to the development of mathematical methods such as the theory of arbitrage. Asset valuation, credit trading, and fund management, now depend on these mathematical tools. Mark Davis explains the theories and their applications.
Download or read book Money and Banking written by Richard E. Wright and published by . This book was released on 2009 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Studies in Financial Organization written by T. Balogh and published by Cambridge University Press. This book was released on 2012-03-29 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1947 book is divided into three parts, discussing the clearing banks, floating debt and the war of 1914.
Download or read book Just Money written by Katrin Kaufer and published by MIT Press. This book was released on 2021-02-02 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to use finance as a tool to build a more equitable and sustainable society. Money defines our present and will shape our future. Every investment decision we make adds a chapter to the story of what our world will look like. Although the idea of mission-based finance has been around for decades, there is a gap between organizations' stated intention to "do good" and meaningful impact. Still, some are succeeding. In Just Money, Katrin Kaufer and Lillian Steponaitis take readers on a global tour of financial institutions that use finance as a force for good.
Download or read book Banking and Financial Markets written by Andrada Bilan and published by Springer Nature. This book was released on 2019-11-13 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation, screening for borrower risk and monitoring for borrower effort in doing so. A typical loan contract was set up along six simple dimensions: the amount, the interest rate, the expected credit risk (determining both the probability of default for the loan and the expected loss given default), the required collateral, the currency, and the lending technology. However, the modern banking industry today has a broad scope, offering a range of sophisticated financial products, a wider geography -- including exposure to countries with various currencies, regulation and monetary policy regimes -- and an increased reliance on financial innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main components and risks of a loan contract can now be hedged on the market, by means of interest rate swaps, foreign exchange transactions, credit default swaps and securitization. Securitized loans can often be pledged as collateral, thus facilitating new lending. And the lending technology is evolving from one-to-one meetings between a loan officer and a borrower, at a bank branch, towards potentially disruptive technologies such as peer-to-peer lending, crowd funding or digital wallet services. This book studies the interaction between traditional and modern banking and the economic benefits and costs of this new financial ecosystem, by relying on recent empirical research in banking and finance and exploring the effects of increased financial sophistication on a particular dimension of the loan contract.
Download or read book Banking and Trading written by Mr.Arnoud W.A. Boot and published by International Monetary Fund. This book was released on 2012-10-02 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Trading is transactions-based: scalable, shortterm, capital constrained, and with the ability to generate risk from concentrated positions. When a bank engages in trading, it can use its ‘spare’ capital to profitablity expand the scale of trading. However, there are two inefficiencies. A bank may allocate too much capital to trading ex-post, compromising the incentives to build relationships ex-ante. And a bank may use trading for risk-shifting. Financial development augments the scalability of trading, which initially benefits conglomeration, but beyond some point inefficiencies dominate. The deepending of the financial markets in recent decades leads trading in banks to become increasingly risky, so that problems in managing and regulating trading in banks will persist for the foreseeable future. The analysis has implications for capital regulation, subsidiarization, and scope and scale restrictions in banking.
Download or read book Banking on the State written by Hicham Safieddine and published by Stanford University Press. This book was released on 2019-07-02 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1943, Lebanon gained its formal political independence from France; only after two more decades did the country finally establish a national central bank. Inaugurated on April 1, 1964, the Banque du Liban (BDL) was billed by Lebanese authorities as the nation's primary symbol of economic sovereignty and as the last step towards full independence. In the local press, it was described as a means of projecting state power and enhancing national pride. Yet the history of its founding—stretching from its Ottoman origins in mid-nineteenth century up until the mid-twentieth—tells a different, more complex story. Banking on the State reveals how the financial foundations of Lebanon were shaped by the history of the standardization of economic practices and financial regimes within the decolonizing world. The system of central banking that emerged was the product of a complex interaction of war, economic policies, international financial regimes, post-colonial state-building, global currents of technocratic knowledge, and private business interests. It served rather than challenged the interests of an oligarchy of local bankers. As Hicham Safieddine shows, the set of arrangements that governed the central bank thus was dictated by dynamics of political power and financial profit more than market forces, national interest or economic sovereignty.
Download or read book Financial Markets and Institutions written by Peter Howells and published by Pearson Higher Ed. This book was released on 2007-02-27 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: With its clear and accessible style, Financial Markets and Institutions will help students make sense of the financial activity that is so widely and prominently reported in the media. Looking at the subject from the economist’s perspective, the book takes a practical, applied approach and theory is covered only where absolutely necessary in order to help students understand events as they happen in the real world. This fifth edition has been thoroughly updated to reflect the changes that have occurred in the financial system in recent years. Key Features · New! Chapter 12 Financial Market Failure and Financial Crisis puts forward arguments concerning for example, the ability of small firms to borrow, the problems of financial exclusion and inadequate long-term saving and the tendency in financial markets to bubbles and crashes. · New! Thoroughly updated to include new figures and recent legislative and regulatory changes. · Provides a comprehensive coverage of the workings of financial markets. · Contains sufficient theory to enable students to make sense of current events. · Up-to-date coverage of the role of central banks and the regulation of financial systems. · Focuses on UK and European financial activity, context and constraints. · Offers a wealth of statistical information to illustrate and support the text. · Extensive pedagogy includes revised boxes, illustrations, keywords/concepts, discussion questions, chapter openers, chapter summaries and numerous worked examples. · Frequent use of material from the Financial Times. · Regularly maintained and updated Companion Website containing valuable teaching and learning material. Financial Markets and Institutions will be appropriate for a wide range of courses in money, banking and finance. Students taking financial markets and institutions courses as part of accounting, finance, economics and business studies degrees will find this book ideally suited to their needs. The book will also be suitable for professional courses in business, banking and finance. Peter Howells is Professor of Monetary Economics at the University of the West of England. Keith Bain is formerly of the University of East London where he specialized in monetary economics and macroeconomic policy.
Download or read book Capital and Finance written by Peter Lewin and published by Taylor & Francis. This book was released on 2020-07-02 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to capital theory remains unexplored. It is the first book to comprehensively study this financial application, which also includes modern financial tools such as Economic Value Added (EVA®). A financial application to the problem of the average period of production includes two discussions that unfold naturally from this application. The first one relates to the dual meaning of capital, one as a monetary fund and the other one as physical (capital) goods. The second concerns its implications for business-cycle theories. This second topic (1) provides a solid financial microeconomic foundation for business cycles and, also (2) makes it easy to compare different business-cycle theories across the average period of production dimension. By clarifying the obscure concept of average period of production, the authors make it easier to analyze the similarities with and differences from other business-cycle theories. By connecting finance with capital theory, they provide a new point of view and analysis of the long-standing problems in capital theory as well as other related topics such as the use of neoclassical production functions and theorizing about business cycles. Finally, they emphasize that the relevance of their application rests on both its policy implications and its contributions to contemporary economic theory.
Download or read book Towards a Socioanalysis of Money Finance and Capitalism written by Susan Long and published by Routledge. This book was released on 2013-06-17 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses the discipline of socio-analysis to explore the meaning of money, markets and the broad financial world that so strongly affects our daily lives. The insight that the financial crisis ‘was essentially psychological in origin’ (Robert Shiller) and that the world of finance is broadly shaped if not determined by irrational often unconscious factors is not yet broadly shared. This book appears to be one of the first, if not the first contribution that explicitly focuses on what is beneath the surface of money, finance and capital. It invites the reader to explore the financial world in depth.
Download or read book Strategies of Banks and Other Financial Institutions written by Rajesh Kumar and published by Elsevier. This book was released on 2014-07-16 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: How and why do strategic perspectives of financial institutions differ by class and region? Strategies of Banks and Other Financial Institutions: Theories and Cases is an introduction to global financial institutions that presents both theoretical and actual aspects of markets and institutions. The book encompasses depository and non-depository Institutions; money markets, bond markets, and mortgage markets; stock markets, derivative markets, and foreign exchange markets; mutual funds, insurance, and pension funds; and private equity and hedge funds. It also addresses Islamic financing and consolidation in financial institutions and markets. Featuring up-to-date case studies in its second half, Strategies of Banks and Other Financial Institutions proposes a useful theoretical framework and strategic perspectives about risk, regulation, markets, and challenges driving the financial sectors. - Describes theories and practices that define classes of institutions and differentiate one financial institution from another - Presents short, focused treatments of risk and growth strategies by balancing theories and cases - Places Islamic banking and finance into a comprehensive, universal perspective
