The Economics of Banking by Cao, Jin

The Economics of Banking

The Economics of Banking provides an accessible overview of banking theory and practice. It introduces readers to...
HK$1,508.21
HK$1,508.21
SKU: 9780367405724
Product Type: Books
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Author: Jin Cao
Format: Paperback
Language: English
Subtotal: $1,508.21
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The Economics of Banking by Cao, Jin

The Economics of Banking

$1,508.21

The Economics of Banking

$1,508.21
Author: Jin Cao
Format: Paperback
Language: English

The Economics of Banking provides an accessible overview of banking theory and practice. It introduces readers to the building blocks of fundamental theories and provides guidance on state-of-the-art research, reflecting the dramatic changes in the banking industry and banking research over the past two decades.

This textbook explores market failure and financial frictions that motivate the role of financial intermediaries, explains the microeconomic incentives and behavior of participants in banking, examines microlevel market stress caused by economic recessions and financial crises, and looks at the role of monetary authorities and banking regulators to reduce systemic fragility as well as to improve macroeconomic stability. It delivers broad coverage of both the micro and macroeconomics of banking, central banking and banking regulation, striking a fine balance between rigorous theoretical foundations, sound empirical evidence for banking theories at work, and practical knowledge for banking and policymaking in the real world.

The Economics of Banking is suitable for advanced undergraduate, master's, or early PhD students of economics and finance, and will also be valuable reading for bankers and banking regulators.



Author: Jin Cao
Publisher: Routledge
Published: 11/05/2021
Pages: 642
Binding Type: Paperback
Weight: 2.06lbs
Size: 9.21h x 6.14w x 1.36d
ISBN: 9780367405724

About the Author

Jin Cao is Research Economist of Norges Bank. He has taught in University of Oslo, NTNU, and University of Munich. His work is published in the Journal of Financial and Quantitative Analysis, Journal of Money, Credit and Banking, Journal of Banking and Finance, and other academic journals and books.




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