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.
1:Banking: A Decade On From The Global Financial Crisis, Allen N. Berger, Philip Molyneux, and John O.S. Wilson
Part I: The Theory of Banking
2:The Roles of Banks in Financial Systems, Franklin Allen, Elena Carletti, and Xian Gu
3:Commercial Banking and Shadow Banking: The Accelerating Integration of Banks and Markets and its Implications for Regulation, Arnoud Boot and Anjan Thakor
4:Corporate Complexity and Systematic Risk: A Progress Report, Jacopo Carmassi and Richard Herring
5:Corporate Governance and Culture in Banking, Jens Hagendorff
6:Private Information and Risk Management in Banking, Linda Allen and Anthony Saunders
7:Creation and Regulation of Bank Liquidity, Christa Bouwman
Part II: Activities and Performance
8:The performance of Financial Institutions; Modeling, Evidence, and some Policy Implications, Joe Hughes and Loretta Mester
9:Technological Change and Financial Innovation in Banking: Some Implications for FinTech, Scott Frame, Larry Wall, and Lawrence J. White
10:Payments, David Humphrey
11:Community Banking Institutions: Commercial Banks, Savings Banks, Cooperative Banks, and Credit Unions, Dasol Kim and Donal McKillop
12:Islamic Banking: A Review of the Empirical Literature and Future Research Directions, Narjess Boubakri, Ruiyuan (Ryan) Chen, Omrane Guedhami, and Xinming Li
13:Can We Improve the Impact of Microfinance? A Survey of the Recent Literature and Potential Avenues for Success, Robert Lensink and Erwin Bulte
14:Small Business Lending: The Roles of Technology and Regulation from Pre-Crisis to Crisis to Recovery, Allen N. Berger and Lamont Black
15:Residential Mortgages, Andreas Lehnert and Alex Martin
16:Securitization, Barbara Casu and Anna Sarkisyan
17:Shadow Banking, Tobias Adrian, Adam Ashcraft, Peter Breuer and Nicola Cetorelli
Part III: Regulatory and Policy Perspectives
18:Modern Central Banking, Frederic Mishkin
19:Lender of Last Resort: A New Role for the Old Instrument, Xavier Freixas and Bruno Parigi
20:Bank Bailouts and Bail-Ins, Raluca Roman
21:Bank Runs and Moral Hazard: A Review of Deposit Insurance, Deniz Anginer and Asli Demirguc-Kunt
22:Bank Capital Requirements after The Financial Crisis, Mark Van Der Weide and Jeffery Zhang
23:Market Discipline in Regulation: Pre and Post Crisis, Mark Flannery and Rob Bliss
24:Competition in The Banking Sector, Hans Degryse, Paola Morales-Acevedo and Steven Ongena
25:Behavioral Economics, Financial Literacy and Consumers’ Financial Decisions, Gregory Elliehausen
Part IV: Macroeconomic Perspectives
26:Systematic Risk in Banking after The Great Financial Crisis, Olivier de Bandt and Philipp Hartmann
27:Hardy Perennials: Banking Crises Around the World, Gerry Caprio Jr and Patrick Honohan
28:Bank Failures, The Great Depression and Other ‘Contagious’ Events, Charles Calomiris
29:Banking Globilization: Cross-Border Entry, Complexity, and Systematic Risk, Claudia Buch and Gayle L. DeLong
30:Banking and Real Economic Activity: Foregone Conclusions and Open Challenges, Nicola Cetorelli and Michael Blank
Part V: Banking Systems Around the World
31:Banking in the United States, Robert DeYoung
32:Banking in Europe: Integration, Reform, and the Road to a Banking Union, John Goddard, Philip Molyneux, and John O.S. Wilson
33:Banking in Japan: A Post-global Financial Crisis Perspective, Hirofumi Uchida and Gregory Udell
34:Banking in Africa, Thorsten Beck, Robert Cull and Patricio Valenzuela
35:Banking in China, Leora Klapper, Maria Soledad Martinez Peria, and Bilal Zia
36:Banking in the Transition Countries of Central, Southern and Eastern Europe and the Former Soviet Union, Zuzana Fungá?ová, Iftekhar Hasan, Laura Solanko, Paul Wachtel
37:Banking in Latin America: Developments and Prospects, Fernando J. Cardim de Carvalho, Luiz Fernando de Paula, and Jonathan Williams
38:Banking in Australia and New Zealand – Geographic Proximity, Market Concentration, and Banking Integration, Fariborz Moshirian and Eliza Wu
Index
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
