000 00398nam a2200133Ia 4500
999 _c159754
_d159754
020 _a0199243069
040 _cCUS
082 _a339
_bBHA/C
245 0 _aCredit, intermediation, and the macroeconomy: models and perspectives/
_c Edited by Sudipto Bhattacharya, Arnoud W.A. Boot and Anjan V. Thakor
260 _aNew York :
_bOxford University Press,
_c2004.
300 _axii,916p. :
_bill. ;
_c24cm.
505 _a Introduction; PART I: MONITORING BY AND OF BANKS; 1. Financial Intermediary Coalitions; 2. The Role of Demandable Debt in Structuring Optimal Banking Arrangements; 3. Monitoring, Liquidation, and Security Design; 4. Financial Intermediation with Risk Aversion; Discussion; PART II: LIQUIDITY PROVISION VIA BANKS AND MARKETS; 5. Liquidity, Banks, and Markets; 6. Private and Public Supply of Liquidity; 7. Financial Intermediation versus Stock Markets in a Dynamic Intertemporal Model; 8. The Governance of Exchanges: Members' Cooperatives versus Outside Ownership; Discussion; PART III: BANK RUNS AND FINANCIAL CRISES; 9. Banking Panics, Information and Rational Expectations Equilibrium; 10. Unique Equilibrium in a Model of Self-Fulfilling Currency Attacks; 11. Contagion and Efficiency in Gross and Net Interbank Payment Systems; Discussion; PART IV: REGULATION OF FINANCIAL INTERMEDIARIES; 12. Capital Requirements and the Behaviour of Commercial Banks; 13. Is the Glass-Steagall Act Justified? A Study of the U.S. Experience with Universal Banking before 1993; 14. Optimal Design of Bank Bailouts: The case of transition economies; Discussion; PART V: FINANCIAL CONTRACTING AND INTERBANK COMPETITION; 15. Reputation and Discretion in Fiancial Contracting; 16. The Effect of Credit Market Competition on Lending Relationships; 17. Long-Term Contracts, Short-Term Investment and Monitoring; 18. Competition Among Financial Intermediaries when Diversification Matters; Discussion; PART VI: COMPARATIVE FINANCIAL SYSTEMS; 19. Credit and Efficiency in Centralized and Decentralized Economies; 20. Proprietary Information, Financial Intermediation, and Research Incentives; 21. Financial System Architecture; 22. Financial Markets, Intermediaries, and Intertemporal Smoothing; Discussion; PART VII: CREDIT MARKETS, INTERMEDIATION, AND THE MACROECONOMY; 23. Financial Intermediation, Loanable Funds, and the Real Sector; 24. Credit Cycles; 25. Endogenous Cycles in a Stiglitz-Weiss Economy; Discussion
650 _a Credit -- Models matematics.
650 _aFinances.
650 _a Credit.
700 _a Bhattacharya, Sudipto ed.
700 _a Boot, Arnoud W.A. ed.
700 _a Thakor, Anjan V. ed.
942 _cWB16