Handbook of Financial Intermediation and Banking
- 1st Edition - May 27, 2008
- Latest edition
- Editors: Anjan V. Thakor, Arnoud W. A. Boot
- Language: English
The growth of financial intermediation research has yielded a host of questions that have pushed "design" issues to the fore even as the boundary between financial intermediation… Read more
Description
Description
Key features
Key features
- Original review articles offer valuable perspectives on research issues appearing in top journals
- Twenty articles are grouped by six major topics, together defining the leading research edge of financial intermediation
- Corporate finance researchers will find affinities in the tools, methods, and conclusions featured in these articles
Readership
Readership
Table of contents
Table of contents
List of Contributors
Preface
Introduction to the Series
Section 1: Design of Contracts and Securities
Introduction to Design of Contracts and Securities
Chapter 1: The Design of Debt Contracts
Chapter 2: Subordination Levels in Structured Financing
Section 2: Market Structure and Structure of Financial Markets
Chapter 3: Limit Order Markets: A Survey
Section 3: Financial Intermediary Structure
Introduction to Financial Intermediary Structure
Chapter 4: Bank Structure and Lending: What We Do and Do Not Know
Chapter 5: Optimal Industrial Structure in Banking
Chapter 6: Commercial Banks in Investment Banking
Section 4: Mutual Funds
Introduction to Mutual Funds
Chapter 7: Performance Measurement and Evaluation
Chapter 8: The Behavior of Mutual Fund Investors
Chapter 9: Incentives in Funds Management: A Literature Overview
Section 5: Regulation
Introduction to Regulation
Chapter 10: Consolidation in the U.S. Banking Industry: Is the “Long, Strange Trip” About to End?
Chapter 11: Safety, Soundness, and the Evolution of the U.S. Banking Industry
Chapter 12: What Caused the Bank Capital Buildup of the 1990s?
Chapter 13: Basel II: A Case for Recalibration
Section 6: Competition and Regulation in Banking
Introduction to Competition and Regulation in Banking
Chapter 14: Competition and Regulation in Banking
Chapter 15: Competition and Regulation in the Banking Sector: A Review of the Empirical Evidence on the Sources of Bank Rents
Index
Review quotes
Review quotes
"Literally a tour de force with broad and deep coverage of the banking literature from a Finance perspective. A must-read for serious scholars and professionals that offers a clear and direct path to the cutting edge of current research in the field."—Peter Rousseau, Vanderbilt University
"Arnoud Boot and Anjan Thakor have gathered leading researchers working at the intersection of corporate finance and financial intermediation to review and synthesize the latest work in their fields. In addition to providing a concise overview of the state of the art in these important areas, the authors provide a critical assessment of the most promising avenues for future research. This text will likely prove to be an invaluable resource both for current researchers as well as new students of these disciplines."—Peter M. DeMarzo, Stanford University
“This book is an excellent collection of survey papers in the field of financial intermediation, written by leading researchers in the field. Given its broad coverage of topics and accessible style, it is highly recommended reading for students, teachers and professionals who want to refresh their knowledge of the literature, bring themselves to the frontier of the field, and explore open research questions.” —Thorsten Beck, The World Bank
Product details
Product details
- Edition: 1
- Latest edition
- Published: July 7, 2008
- Language: English
About the editors
About the editors
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Anjan V. Thakor
Anjan Thakor is John E. Simon Professor of Finance, Director of Doctoral Programs, and Director of the WFA Center for Finance and Accounting Research, Olin Business School, Washington University in St. Louis. Prior to joining the Olin School, Thakor was The Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has served on the faculties of Indiana University, Northwestern University, and UCLA. He has consulted with many companies and organizations, including Whirlpool Corporation, Allision Engine Co., Bunge, Citigroup, RR Donnelley, Dana Corporation, AB-Inbev, Zenith Corporation, Lincoln National Corporation, J.P. Morgan, Landscape Structures, Inc., CIGNA, Borg-Warner Automative, Waxman Industries, Reuters, The Limited, Ryder Integrated Logistics, AT&T, CH2M Hill, Takata Corporation, Tyson Foods, Spartech, and the U.S. Department of Justice. Among many other honors, Dr. Thakor is the winner of the Reid MBA Teaching Excellence Award, Olin School of Business, 2005, and received the Outstanding Teacher in Doctoral Program award for the University of Michigan Business School, April 2003. He has published over 100 papers in leading academic journals in Finance and Economics, including The American Economic Review, Review of Economic Studies, Journal of Economic Theory, The Economic Journal, The RAND Journal of Economics, The Journal of Finance, The Review of Financial Studies, The Journal of Financial Intermediation, and The Journal of Financial Economics. Besides this book, he has published
nine other books. In a paper published in 2017, he was ranked as one of the five most prolific Finance authors during 2005–15.
He is a founding editor of The Journal of Financial Intermediation and one of the founders of The Financial Intermediation Research Society. He is a fellow of The Financial Theory Group. He has served as an expert witness on numerous banking cases and testified in US federal courts on issues related to bank valuation and capital structure.
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