The Oxford Handbook of Banking / Edition 3

by Allen N. Berger, Philip Molyneux, John O.S. Wilson

Overview

The Oxford Handbook of Banking, Third Edition provides an overview and analysis of developments and research in this rapidly evolving field. Aimed at graduate students of economics, banking, and finance; academics; practitioners; regulators; and policy makers, it strikes a balance between abstract theory, empirical analysis, and practitioner and policy-related material.

Split into five distinct parts The Oxford Handbook of Banking is a one-stop source of relevant research in banking. It examines the theory of banking, bank operations and performance, regulatory and policy perspectives, macroeconomic perspectives in banking, and international differences in banking structures and environments. Taking a global perspective it examines banking systems in the United States, China, Japan, Australia and New Zealand, Africa, the European Union, transition countries of Europe, and Latin America. Thematic issues covered include financial innovation and technological change; consumer and mortgage lending; Islamic banking; and how banks influence real economic activity.

Fully revised and now including brand new chapters on a range of geographical regions, bank bailouts and bail-ins, and behavioral economics amongst many other topics, this third edition of The Oxford Handbook of Banking provides readers with insights to seminal and contemporary research in banking and an opportunity to learn about the diversity of financial systems around the world.

Product Details

ISBN-13:	9780198824633
Publisher:	Oxford University Press
Publication date:	01/01/2020
Series:	Oxford Handbooks
Edition description:	3rd ed.
Pages:	1312
Product dimensions:	9.70(w) x 7.10(h) x 2.70(d)

About the Author

Allen N. Berger, H. Montague Osteen, Jr. Professor in Banking and Finance, Moore School of Business, University of South Carolina, USA,Philip Molyneux, Dean, College of Business Administration, University of Sharjah, United Arab Emirates,John O.S. Wilson, Professor of Banking and Finance, School of Management, University of St. Andrews

Allen N. Berger is the H. Montague Osteen, Jr. Professor in Banking and Finance and Ph.D. coordinator of the Finance Department, Darla Moore School of Business; Carolina Distinguished Professor, University of South Carolina; Senior Fellow, Wharton Financial Institutions Center; and Fellow, European Banking Center. He also currently serves on the editorial boards of seven professional finance and economics journals. He is co-author of Bank Liquidity Creation and Financial Crises (Elsevier, 2016) and TARP and other Bank Bailouts and Bail-Ins around the World: Connecting Wall Street, Main Street, and the Financial System (Elsevier, 2019). He has published well over a hundred professional articles, including papers in top finance and economics journals.


Philip Molyneux is Dean of the College of Business Administration at the University of Sharjah (in the UAE). His main area of research is on the structure and efficiency of banking markets and he has published widely in this area. Recent publications appear in the Journal of Money, Credit and Banking, Journal of Financial Intermediation, Journal of Banking & Finance and the Review of Finance. He has co-written or edited over thirty five books and is also the series editor of Studies in Banking and Financial Institutions (Palgrave Macmillan). In the past, Philip has acted as a consultant to the New York Federal Reserve Bank, the World Bank, the European Commission, the UK Treasury, Citibank Private Bank, Barclays Wealth, McKinsey, Credit Suisse and various other international banks and consulting firms.


John O.S. Wilson is Professor of Banking & Finance and Director of the Centre for Responsible Banking and Finance based at the University of St Andrews. He was the Founding Chair of the British Accounting and Finance Association Financial Markets and Institutions Special Interest Group and has guest edited special issues for the Journal of Corporate Finance, Journal of Banking & Finance, Journal of Economic Behaviour & Organization, European Journal of Finance, Public Money & Management, and the British Accounting Review. In 2018, John delivered evidence on the impact of Brexit on UK small and medium-sized enterprises to the House of Lords EU Internal Markets Committee. He is the author of Banking: A Very Short Introduction (OUP, 2016).

Table of Contents

1. Banking: A Decade On From The Global Financial Crisis, Allen N. Berger, Philip Molyneux, and John O.S. WilsonPart I: The Theory of Banking2. The Roles of Banks in Financial Systems, Franklin Allen, Elena Carletti, and Xian Gu3. Commercial Banking and Shadow Banking: The Accelerating Integration of Banks and Markets and its Implications for Regulations, Arnoud Boot and Anjan Thakor4. Corporate Complexity and Systemic Risk: A Progress Report, Jacopo Carmassi and Richard Herring5. Corporate Governance and Culture in Banking, Jens Hagendorff6. Private Information and Risk Management in Banking, Linda Allen and Anthony Saunders7. Creation and Regulation of Bank Liquidity, Christa BouwmanPart II: Activities and Performance8. The performance of Financial Institutions; Modeling, Evidence, and some Policy Implications, Joe Hughes and Loretta Mester9. Technological Change and Financial Innovation in Banking: Some Implications for FinTech, Scott Frame, Larry Wall, and Lawrence J. White10. Payments, David Humphrey11. Community Banking Institutions: Commercial Banks, Savings Banks, Cooperative Banks, and Credit Unions, Dasol Kim and Donal McKillop12. Islamic Banking: A Review of the Empirical Literature and Future Research Directions, Narjess Boubakri, Ruiyuan (Ryan) Chen, Omrane Guedhami, and Xinming Li13. Can We Improve the Impact of Microfinance? A Survey of the Recent Literature and Potential Avenues for Success, Robert Lensink and Erwin Bulte14. Small Business Lending: The Roles of Technology and Regulation from Pre-Crisis to Crisis to Recovery, Allen N. Berger and Lamont Black15. Residential Mortgages, Andreas Lehnert and Alex Martin16. Securitization, Barbara Casu and Anna Sarkisyan17. Shadow Banking, Tobias Adrian, Adam Ashcraft, Peter Breuer and Nicola CetorelliPart III: Regulatory and Policy Perspectives18. Modern Central Banking, Frederic Mishkin19. Lender of Last Resort: A New Role for the Old Instrument, Xavier Freixas and Bruno Parigi20. Bank Bailouts and Bail-Ins, Raluca Roman21. Bank Runs and Moral Hazard: A Review of Deposit Insurance, Deniz Anginer and Asli Demirguc-Kunt22. Bank Capital Requirements after The Financial Crisis, Mark Van Der Weide and Jeffery Zhang23. Market Discipline in Regulation: Pre and Post Crisis, Mark Flannery and Rob Bliss24. Competition in The Banking Sector, Hans Degryse, Paola Morales-Acevedo and Steven Ongena25. Behavioral Economics, Financial Literacy and Consumers' Financial Decisions, Gregory ElliehausenPart IV: Macroeconomic Perspectives26. Systematic Risk in Banking after The Great Financial Crisis, Olivier de Bandt and Philipp Hartmann27. Hardy Perennials: Banking Crises Around the World, Gerry Caprio Jr and Patrick Honohan28. Bank Failures, The Great Depression and Other 'Contagious' Events, Charles Calomiris29. Banking Globilization: Cross-Border Entry, Complexity, and Systematic Risk, Claudia Buch and Gayle L. DeLong30. Banking and Real Economic Activity: Foregone Conclusions and Open Challenges, Nicola Cetorelli and Michael BlankPart V: Banking Systems Around the World31. Banking in the United States, Robert DeYoung32. Banking in Europe: Integration, Reform, and the Road to a Banking Union, John Goddard, Philip Molyneux, and John O.S. Wilson33. Banking in Japan, Hirofumi Uchida and Gregory Udell34. Banking in Africa, Thorsten Beck, Robert Cull and Patricio Valenzuela35. Banking in China, Leora Klapper, Maria Soledad Martinez Peria, and Bilal Zia36. Banking in the Transition Countries of Central, Southern and Eastern Europe and the Former Soviet Union, Zuzana Fungačova, Iftekhar Hasan, Laura Solanko, Paul Wachtel37. Banking in Latin America, Fernando J. Cardim de Carvalho, Luiz Fernando de Paula, and Jonathan Williams38. Banking in Australia and New Zealand, Fariborz Moshirian and Eliza Wu

Editorial Reviews

"Carefully researched and clearly written, this Handbook has become regarded as well-nigh indispensable in enhancing an understanding of banking and the banking industry among a wide readership, which includes academics, legal practitioners and indeed anyone involved professionally with the financial sector." — Phillip Taylor MBE, Head of Chambers, and Elizabeth Taylor, Richmond Green Chamber

From the Publisher