The Oxford Handbook of Banking

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

Oxford Handbooks

First in a major new OUP series, Oxford Handbooks in Finance
Contains 35 original research contributions from the top names in banking and finance
Written from an international perspective
Extensive coverage of theoretical and empirical research

The Oxford Handbook of Banking

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

Description

The Oxford Handbook of Banking provides an overview and analysis of state-of-the-art research in banking written by leading researchers in the field. This Handbook will appeal to graduate students of economics, banking and finance, academics, practitioners and policy makers. Consequently, the book strikes a balance between abstract theory, empirical analysis, and practitioner and policy-related material.

The handbook is split into five parts. Part I, The Theory of Banking, examines the role of banks in the wider financial system, why banks exist, how they function, and their legal and governance structures. Part II entitled Regulatory and Policy Perspectives discusses monetary policy, prudential regulation and supervision, and antitrust policy. Part III of the book deals with bank performance. A number of issues are assessed including efficiency, financial innovation and technological change, globalization and ability to deliver small business, consumer, and mortgage lending services. Part IV of the book provides an overview of macroeconomic perspectives in banking. This part of the book includes a discussion of the determinants of bank failures and crises, and the impact on financial stability, institutional development, and economic growth. Part V examines International Differences In Banking Structures And Environments. This part of the handbook examines banking systems in the United States, Western Europe, Transition countries, Latin America, Japan and the Developing nations of Asia.

The Oxford Handbook of Banking

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

Oxford Handbooks

1:Banking: An Overview, Allen Berger, Phil Molyneux, and John O.S. Wilson
PART I: THE THEORY OF BANKING
2:The roles of banks in financial systems, Franklin Allen and Elena Carletti
3:The accelerating integration of banks and markets and its implications for regulation, Arnoud Boot and Anjan Thakor
4:Risk management in banking, Linda Allen and Anthony Saunders
5:Liquidity production in 21st century banking, Philip Strahan
6:Diversification in banking, Kevin Stiroh
7:Universal banking, Alan Morrison
8:The Corporate Structure of International Financial Conglomerates: Complexity and Its Implications for Safety & Soundness, Richard Herring and Jacopo Carmassi
PART II: REGULATORY AND POLICY PERSPECTIVES
9:Central banking, Michel Aglietta and Benoit Mojon
10:The Role of Banks in the Transmission of Monetary Policy, Joe Peek and Eric Rosengren
11:Lender of last resort and bank closure policy, Xavier Freixas and Bruno Parigi
12:Regulation and supervision: An Ethical Perspective, Edward Kane
13:Deposit Insurance, George G. Kaufman and Robert A. Eisenbeis
14:Risk-Based Regulatory Capital and Basel II, Michael Gordy and Erik Heitfield
15:Market discipline in bank supervision, Mark J. Flannery
16:Competition and antitrust policy in banking, Astrid Dick and Timothy Hannan
17:WTO Commitments versus Reported Practices on Foreign Bank Entry and Regulation: A cross country analysis, James R. Barth, Juan Marchetti, Daniel Nolle, and Wanvimot Sawangngoenyuang
PART III: BANK PERFORMANCE
18:Efficiency In Banking: Theory, Practice, and Evidence, Joe Hughes and Loretta Mester
19:Technological change, financial innovation, and diffusion in banking, W. Scott Frame and Lawrence J. White
20:Banking globalization: International consolidation and mergers in banking, Claudia Buch and Gayle DeLong
21:Small business lending, Allen N. Berger
22:Consumer lending, Tom Durkin and Gregory Elliehausen
23:Residential Mortgages, Andreas Lehnert
24:Securitization: Instruments and Implications, David Marques and Martin Scheicher
PART IV: MACROECONOMIC PERSPECTIVES
25:Systemic risk in banking: An update, Philipp Hartmann, Oliver de Bandt, and José Luis Peydró-Alcalde
26:Banking Crises, Gerard Caprio and Patrick Honohan
27:Bank failures, The Great Depression and other contagious events, Charles Calomiris
28:Payments systems, David Humphrey and James McAndrews
29:Finance and Economic Development: The Role of Government, Asli Demirguc-Kunt
30:Banking and real economic activity, Nicola Cetorelli
PART V: INTERNATIONAL DIFFERENCES IN BANKING STRUCTURES AND ENVIRONMENTS
31:Banking in the United States, Robert DeYoung
32:Banking in the European Union, John Goddard, Phil Molyneux, and John O.S. Wilson
33:Banking in Transition Countries, John Bonin, Iftekhar Hasan, and Paul Watchel
34:Banking in Latin America, Jonathan Williams, Fernando Carvalho, and Luiz de Paula
35:Banking in Japan, Hirofumi Uchida and Gregory Udell
36:Banking in the Developing Nations of Asia: An overview of recent changes in ownership structure, Leora Klapper, Maria Soledad Martinez-Peria, and Bilal Zia

The Oxford Handbook of Banking

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

Oxford Handbooks

Author Information

Edited by Allen N. Berger, H. Montague Osteen, Jr. Professor in Banking and Finance, Moore School of Business, University of South Carolina, and Senior Fellow, Wharton Financial Institutions Center, Philip Molyneux, Professor of Banking and Finance, and Head of Bangor Business School, and John O.S. Wilson, Professor of Banking and Finance at the University of St Andrews

Contributors:

Michel Aglietta (University of Paris X & Cepii)
Franklin Allen (Wharton Business School)
Linda Allen (Zicklen School of Business, Baruch College, CUNY)
James R. Barth (Auburn University & Milken Institute)
Allen N. Berger (Moore School of Business, University of South Carolina and Wharton Financial Institutions Center)
John P. Bonin (Wesleyan University)
Arnoud W.A. Boot (University of Amsterdam)
Claudia M. Buch (University of Tuebingen)
Charles W. Calomiris (Columbia University)
Gerard Caprio (Williams College)
Elena Carletti (European University Institute)
Jacopo Carmassi (Assonime, the Association of Joint Stock Companies, Italy)
Fernando J. Cardim de Carvalho (Federal University of Rio de Janeiro, Brazil)
Nicola Cetorelli (Federal Reserve Bank of New York)
Olivier De Bandt (Banque de France and University of Paris X)
Gayle DeLong (Baruch College, New York)
Asli Demirguc-Kunt (World Bank)
Robert DeYoung (University of Kansas)
Astrid Dick (INSEAD)
Thomas A. Durkin (Senior Economist, Board of Governors of the Federal Reserve System)
Robert A. Eisenbeis (Cumberland Advisors)
Gregory Elliehausen (The George Washington University)
Mark J. Flannery (University of Florida)
W. Scott Frame (Federal Reserve Bank of Atlanta)
Xavier Freixas (University of Pompeu Fabra, Barcelona & Centre for Economic Policy Research)
John Goddard (Bangor University)
Michael Gordy (Federal Reserve Board)
Timothy Hannan (Senior Economist, Board of Governors of the Federal Reserve System)
Philipp Hartmann (European Central Bank)
Iftekhar Hasan (Rensselaer Polytechnic Institute, Troy, New York)
Erik Heitfield (Federal Reserve Board)
Richard Herring (The Wharton School, University of Pennsylvania)
Patrick Honohan (Trinity College, Dublin)
Joseph P. Hughes (Rutgers University, New Jersey)
David Humphrey (Florida State University)
Edward J. Kane (Boston College)
George G. Kaufman (Loyola University, Chicago)
Leora Klapper (World Bank)
Andreas Lehnert (Federal Reserve Board)
Juan A. Marchetti (World Trade Organization)
David Marques Ibanez (European Central Bank)
Maria Soledad Martinez-Peria (World Bank)
James McAndrews (Federal Reserve Bank of New York)
Loretta J. Mester (Federal Reserve Bank of Philadelphia and The Wharton School)
Benoit Mojon (Banque de France)
Philip Molyneux (Bangor University)
Alan Morrison (Oxford University)
Daniel Nolle (U.S. Office of the Comptroller of Currency)
Bruno M. Parigi (University of Padova)
Luiz de Paula (State University of Rio de Janeiro, Brazil)
Joe Peek (University of Kentucky)
José Luis Peydró (European Central Bank)
Eric S. Rosengren (Federal Reserve Bank of Boston)
Anthony Saunders (Stern School of Business, New York University)
Wanvimol Sawangngoenyuang (Bank of Thailand)
Martin Scheicher (European Central Bank)
Kevin J. Stiroh (Federal Reserve Bank of New York)
Philip E. Strahan (Boston College)
Anjan Thakor (Washington University, St. Louis)
Hirofumi Uchida (Kobe University)
Gregory Udell (Indiana University)
Paul Wachtel (Stern School of Business, New York University)
Lawrence J. White (Stern School of Business, New York University)
Jonathan Williams (Bangor University)
John O.S. Wilson (University of St Andrews)
Bilal Zia.(World Bank)