Contemporary Financial Intermediation

Edited by Stuart I. Greenbaum, Anjan Thakor () and Arnoud Boot

in Elsevier Monographs from Elsevier, currently edited by Candice Janco

Abstract: In Contemporary Financial Intermediation, Third Edition , Greenbaum, Thakor and Boot offer a distinctive approach to financial markets and institutions, presenting an integrated portrait that puts information at the core. Instead of simply naming and describing markets, regulations, and institutions as competing books do, the authors explore the endless subtlety and plasticity of financial institutions and credit markets. This edition has six new chapters and increased, enhanced pedagogical supplements. The book is ideal for anyone working in the financial sector, presenting professionals with a comprehensive understanding of the reasons why markets, institutions, and regulators act as they do. Readers will find an unmatched, thorough discussion of the world's financial markets and how they function. Provides a distinctive and thought-provoking approach to the world's financial markets Explores the endless subtleties and plasticity of financial institutions and credit markets Newly revised, with six new chapters and increased pedagogical supplements Presents anyone working in the financial markets and sector with a comprehensive understanding of the inner workings of world markets

Keywords: Adverse selection; asymmetric information; bank capital structure; bank regulation; banking legislation; bitcoin; brokerage; capital requirements; commercial banks; consumer protection act; contingent claims; convexity; credit rationing; credit risk; credit-rating agencies; customer preferences; default; default risk; deposit contract; deposit insurance; diversification; Dodd-Frank act; duration; enterprise risk management; financial crises; financial development; financial intermediaries; financial statements; Financial system; fractional reserve banking; governmental safety net; illiquidity; insolvency; insolvency risk; interest rate risk; investment banks; lemons problem; liability management; liquidity risk; loan agreements; loan commitments; loan covenants; loan pricing; loan restructuring; loan sales; M&M theorem; market completeness and efficiency; marketable security; monetary policy; moral hazard; nash equilibrium; project finance; real effects of crises; regulation; regulation of financial institutions; regulatory arbitrage; risk preference; riskless arbitrage; screening; securitization; securitization contract; shadow banking; spot lending; swaps; syndicated loans; technology; yield curve (search for similar items in EconPapers)
Date: 2015 Originally published 2015-09-23.
Edition: 3
ISBN: 978-0-12-405196-6
References: Add references at CitEc
Citations: View citations in EconPapers (20)

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