Microeconometrics of Banking Methods, Applications, and Results

• Recent banking crisis highlights the need for more research in empirical banking. The book provides a coherent synthesis between recent banking theory and supporting empirics and an epilogue on the recent subprime banking crisis.
• Recent publication of the second edition of "The Microeconomics of Banking" by Xavier Freixas and Jean Charles Rochet.

Readership: Advanced Masters in Science and PhD students. Researchers working at International Organizations, Central Banks, Supervisory Agencies and Ministries of Finance or Economics.

Hans Degryse, professor of financial intermediation and markets, Tilburg University, Moshe Kim, professor of economics, University of Haifa, Israel, and Steven Ongena, professor in empirical banking, Tilburg University

I.:
INTRODUCTION
II.:
WHY DO FINANCIAL INTERMEDIARIES EXIST?
III.:
THE INDUSTRIAL ORGANIZATION APPROACH TO BANKING
IV.:
THE LENDER-BORROWER RELATIONSHIP
V.:
EQUILIBRIUM AND RATIONING IN THE CREDIT MARKET
VI.:
THE MACROECONOMIC CONSEQUENCES OF FINANCIAL IMPERFECTIONS
VII.:
INDIVIDUAL BANK RUNS AND SYSTEMIC RISK
VIII.:
MANAGING RISKS IN THE BANKING FIRM
IX.:
THE REGULATION OF BANKS
X.:
CONCLUSION
XI.:
EPILOGUE: THE BANKING CRISIS OF 2007-2008