Regulation of banks and finance
Subtitle: theory and policy after the credit crisis
By: Carlos M. Peláez, Carlos A. Peláez.
Contributors: Peláez, Carlos A., 1976-
Publisher: Palgrave Macmillan
Published: 2009
Place of publication: New York
Language: eng
ISBN-13: 9780230239036
Subjects: Banks and banking -- State supervision; Financial crises
Description: "As the financial crisis engulfs the world economy, there is an ambitous agenda for regulatory reform. This book provides a comprehensive review of the analysis of finance, economics and the law and economics, illuminating past and current banking and financial regulation designed to prevent another credit/dollar crisis and global recession"--Provided by publisher.
Notes: Includes bibliographical references and index.
Table of contents: title: Machine generated contents note: List of TablesList of DiagramsList of AbbreviationsAcknowledgmentsIntroduction, Scope and ContentThe Theory of Regulation and FinanceIntroductionThe Public Interest ViewThe First BestMonopoly ExternalitiesMarket FailureThe Private Interest ViewGovernment FailureThe Economic Theory of RegulationThe Second BestApplied Welfare EconomicsProperty RightsThe New Institutional EconomicsAsymmetry of InformationThe Modified Capture TheoryFinance, Efficiency and GrowthSummaryFunctions and Regulation of Deposit BanksIntroductionRegulationBank FunctionsMicroeconomics of BankingMonitoringLiquidityTransformation ServicesCapital RequirementsBank FragilityEmpirical AnalysisInternational Capital RequirementsDeposit InsuranceNarrow BankingDeregulationFair ValuationGovernment Sponsored EnterprisesSummaryDeposit Bank Market Power and Central BankingIntroductionBanking CompetitionMarket StructureEntryMarket PowerConcentration and StabilityCentral BankingIntroductionThe Transmission of Monetary PolicyInflation TargetingThe Lucas Critique and ConsistencySummaryInvestment Banking, Governance, Mergers and CompensationIntroductionMarket StructureThe Glass-Steagall ActUnderwritingLoan SyndicationGovernanceIncentive CompensationMergers and AcquisitionsBank Mergers and CompetitionCorporate LawAntitakeover DefenseSummarySecurities RegulationIntroductionExitLeveraged BuyoutsRules and PrinciplesRegulation of New IssuesInsider TradingThe Decision of Going PublicSarbanes-OxleyListingSummaryThe Credit/Dollar Crisis and Recession RegulationIntroductionThe Global RecessionThe Great DepressionBanks and MoneyDebt Deflation TheoriesFinancial Market FrictionsThe Gold StandardNonmonetary FactorsWages and EmploymentGrowth Theory and the New DealOrigins of the Credit CrisisMonetary and Fiscal PolicyGovernment Ownership and Control of BanksRegulationSummaryConclusionNotes List of TablesList of DiagramsList of AbbreviationsAcknowledgmentsIntroduction, Scope and ContentThe Theory of Regulation and FinanceIntroductionThe Public Interest ViewThe First BestMonopoly ExternalitiesMarket FailureThe Private Interest ViewGovernment FailureThe Economic Theory of RegulationThe Second BestApplied Welfare EconomicsProperty RightsThe New Institutional EconomicsAsymmetry of InformationThe Modified Capture TheoryFinance, Efficiency and GrowthSummaryFunctions and Regulation of Deposit BanksIntroductionRegulationBank FunctionsMicroeconomics of BankingMonitoringLiquidityTransformation ServicesCapital RequirementsBank FragilityEmpirical AnalysisInternational Capital RequirementsDeposit InsuranceNarrow BankingDeregulationFair ValuationGovernment Sponsored EnterprisesSummaryDeposit Bank Market Power and Central BankingIntroductionBanking CompetitionMarket StructureEntryMarket PowerConcentration and StabilityCentral BankingIntroductionThe Transmission of Monetary PolicyInflation TargetingThe Lucas Critique and ConsistencySummaryInvestment Banking, Governance, Mergers and CompensationIntroductionMarket StructureThe Glass-Steagall ActUnderwritingLoan SyndicationGovernanceIncentive CompensationMergers and AcquisitionsBank Mergers and CompetitionCorporate LawAntitakeover DefenseSummarySecurities RegulationIntroductionExitLeveraged BuyoutsRules and PrinciplesRegulation of New IssuesInsider TradingThe Decision of Going PublicSarbanes-OxleyListingSummaryThe Credit/Dollar Crisis and Recession RegulationIntroductionThe Global RecessionThe Great DepressionBanks and MoneyDebt Deflation TheoriesFinancial Market FrictionsThe Gold StandardNonmonetary FactorsWages and EmploymentGrowth Theory and the New DealOrigins of the Credit CrisisMonetary and Fiscal PolicyGovernment Ownership and Control of BanksRegulationSummaryConclusionNotes.