{"product_id":"the-economics-of-banking-9780367405724","title":"The Economics of Banking","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cem\u003eT\u003c\/em\u003e\u003cem\u003ehe Economics of Banking\u003c\/em\u003e provides an accessible overview of banking theory and practice. It introduces readers to the building blocks of fundamental theories and provides guidance on state-of-the-art research, reflecting the dramatic changes in the banking industry and banking research over the past two decades.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis textbook explores market failure and financial frictions that motivate the role of financial intermediaries, explains the microeconomic incentives and behavior of participants in banking, examines microlevel market stress caused by economic recessions and financial crises, and looks at the role of monetary authorities and banking regulators to reduce systemic fragility as well as to improve macroeconomic stability. It delivers broad coverage of both the micro and macroeconomics of banking, central banking and banking regulation, striking a fine balance between rigorous theoretical foundations, sound empirical evidence for banking theories \u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePart I Introduction; 1. Introduction; Part II The Microeconomics of Banking; 2. Fragile Banks; 3. Information Frictions in Banking; 4. Industrial Organization of Banking; 5. Securitized Banking; 6. Complexity in Banking; Part III The Macroeconomics and Political Economy of Banking; 7. Central Banking; 8. The Banking-Macro Linkages; 9. International Banking; 10. Political Economy in Banking; Part IV The Economics of Banking Regulation; 11. Systemic Risks and Macroprudential Regulation; 12. Banking Regulation in Practice; Part V Appendix\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":51017888432471,"sku":"9780367405724","price":58.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780367405724.jpg?v=1750774998","url":"https:\/\/bookcurl.com\/products\/the-economics-of-banking-9780367405724","provider":"Book Curl","version":"1.0","type":"link"}