Description
Book SynopsisHans Keiding is Professor of Economics at the University of Copenhagen, Denmark.
Trade Review"Combining rigour, accessibility and application, Keiding's Economics of Banking forms a solid basis for studying financial intermediation and its regulation at the graduate level. The text is much-needed at a time when this topic has become more important than ever." Alex Trew, University of St Andrews, UK "This is the book I have been looking for. Aimed at advanced economics students and covering a broad set of themes that are relevant for practice, the book is well suited as a core text for a banking course." Asbjorn Rodseth, University of Oslo, Norway
Table of Contents1. 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.
