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Routledge - The Economics of Banking Textbook

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Description

Gain a clear understanding of the financial sector with The Economics of Banking by Routledge. This textbook offers an accessible overview of banking theory and practice, making it an essential resource for students and professionals. By introducing the fundamental building blocks of theory, it provides a solid foundation for understanding how modern banking operates. This text reflects the significant changes seen in the banking industry and research over the last twenty years. It explores how market failure and financial frictions drive the role of financial intermediaries. Readers will learn about the microeconomic incentives and behaviors of participants within the banking system. Additionally, the book examines microlevel market stress resulting from economic recessions and financial crises. Whether you are studying macroeconomics or seeking to understand the mechanics of financial institutions, this guide provides the necessary context for state-of-the-art research and current industry trends.

Key Features

Provides an accessible overview of both banking theory and practical applications for learners.

Introduces fundamental building blocks of theory to help readers master core concepts.

Covers state-of-the-art research reflecting changes in the banking industry over the last two decades.

Explains the role of financial intermediaries by examining market failure and financial frictions.

Analyzes the microeconomic incentives and specific behaviors of participants in the banking sector.

Examines microlevel market stress caused by economic recessions and various financial crises.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
05 November 2021
Listed Since
29 April 2021

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No barcode data available

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