Financial crisis, bank behaviour and credit crunch. ([2016])

• Record Type: Book
• Further Information: Note: Stefania P.S. Rossi, Roberto Malavasi, editors.
• Editors: Rossi, Stefania P. S; Malavasi, Roberto
• Contents: Preface; Acknowledgements; Contents; Part I: Genesis and Evolution of the Global Financial Crisis; The Crisis of International Finance, the Eurozone and Economic Growth; 1 Introduction; 2 The Crisis Is Not Over; 2.1 The New Activism of Governments and Central Banks; 2.2 The ECB, ``Quantitative Easing ́́and the Revival of the ``Liquidity Trap;́́ 3 The Origins and Nature of the International Monetary and Financial Crisis; 3.1 Global Finance and the Origins of the Current Systemic Crisis; 3.2 The Growing Weight of Finance; 3.3 Global Finance and the Slowdown in the Western Community. 3.4 Advantages and Shortcomings of Global Finance3.5 The New ``Asset-Based ́́Economic, Financial and Social Order; 3.6 Asset-Price Inflation and Deflation; 4 Austerity Is Not the Solution; 4.1 The Need to Return to Sustained Growth; 5 The Demise of Dominant Doctrines; 5.1 The Crisis in Method and Theory; 5.2 Germany, Europe and the Model of the ``Social Market Economy;́́ 6 The World Needs the Euro and a New Global International Monetary Order; 7 Conclusions; References; The European Twin Sovereign Debt and Banking Crises; 1 The Origin and Development of the European Great Crisis. 2 The Misalignment of Internal Real Exchange Rates, TARGET2 Positions and EMU Countries ́Balances of Payments3 The Accumulation of TARGET2 Imbalances; 4 The ECBś Loss of Control Over Interest Rates in the Crisis-Hit Countries; 5 Final Remarks: The Role of Germany in Promoting European Recovery; References; Part II: Bank Opportunistic Behaviour and Structural Reforms; Moral-Hazard Conduct in the European Banks During the First Wave of the Global Financial Crisis; 1 Introduction; 2 Size-Induced Strategic Choices; 2.1 The Empirical Framework; 2.2 Variables; 3 Data and Descriptive Statistics. 4 Results4.1 An Interpretation of the Results in Terms of TBTF; 5 Conclusions; References; Agency Problems in Banking: Types of and Incentives for Risk Shifting; 1 Introduction; 2 Method of Analysis; 2.1 Interpretations; 2.1.1 Types of Risk Shifting; 2.1.2 Variables That Incentivise/Disincentivise Risk Shifting; 3 Results; 4 Conclusions; Appendix. Definitions of Variables; References; Structural Reform, Too-Big-To Fail and Banks as Public Utilities in Europe; 1 Introduction; 2 Recent Structure and Performance of European Banks; 3 Structural Reform of Banking Systems; 4 Problems with Banking. 5 Why Banks Are Like Public Utilities6 Conclusions; References; Part III: Bank Regulation, Credit Access and Bank Performance; Did Basel II Affect Credit Growth to Corporate Borrowers During the Crisis?; 1 Introduction; 2 Sample, Data, Variables and Methodology; 2.1 The Sample; 2.2 The Capital Regulation Database; 2.3 Dependent Variable; 2.4 Control Variables; 2.5 Methodology; 3 The Impact of Basel II on Corporate Lending Growth; 4 Conclusions; References; Bank Profitability and Capital Adequacy in the Post-crisis Context; 1 Introduction; 2 Literature Review; 3 Dataset and Methodology.
• Publisher Details: Cham : Springer
• Publication Date: 2016
• Copyright Date: 2016
• Extent: 1 online resource
• Subjects: 332.042; Finance; Financial crises; Global Financial Crisis, 2008-2009; Banks and banking; BUSINESS & ECONOMICS -- Finance; Banks and banking; Financial crises; Finance; Finance, general; Macroeconomics/Monetary Economics//Financial Economics; Industrial Organization; Business & Economics -- Economics -- Macroeconomics; Business & Economics -- Industrial Management; Macroeconomics; Economics of industrial organisation; Macroeconomics; Industrial organization; Finance; Electronic books; Electronic books
• Languages: English
• ISBNs: 9783319174136; 3319174134; 3319174126; 9783319174129
• Related ISBNs: 9783319174129
• Notes: Note: Includes bibliographical references.; Note: Online resource; title from PDF title page (EBSCO, viewed August 3, 2015).
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.