Macroeconomics of bankingАвтор:
Xavier Freixas, Jean-Charles RochetИздательство:
Massachusetts Institute of TechnologyГод:
Microeconomics of Banking provides a guide to the new theory. Topics include why financial intermediaries exist, the industrial organization approach to banking, optimal contracting between lenders and borrowers, the equilibrium of the credit market, macroeconomic consequences of financial imperfections, individual bank runs and systemic risk, risk management inside the banking firm, and bank regulation. Each chapter ends with a detailed problem set and solutions.