Contributions to Economics

Financial Crisis, Bank Behaviour and Credit Crunch

Editors: Rossi, Stefania Patrizia Sonia, Malavasi, Roberto (Eds.)

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  • Due: November 4, 2016
  • ISBN 978-3-319-36840-5
  • Free shipping for individuals worldwide
About this book

​This book explores some relevant distortions and market failures in financial and banking markets caused by the recent financial crisis and offers important insights to policymakers as well. After having introduced the reader to the economic background behind the origin of the present financial turmoil, the book proposes a distinct angle to look at some macro and microeconomic aspects. The volume discusses whether and to what extent policies, implemented by governments and monetary authorities to countervail bank defaults and avoid a disastrous financial instability, have in some way determined opportunistic conducts (moral hazard), changes in banks’ behaviour, distortive incentives and market failures. Furthermore, the book offers a viewpoint on the effects of the evolution of regulation for the banking sector. Finally, the book assesses how the increase in the cost of funding and the shrinking in credit supply (credit crunch) has modified the financial structure of small and medium firms. To illustrate this, some specific cases at Italian regional level are examined.

About the authors

Stefania P. S. Rossi is Professor of Economics at the Department of Economics and Business of the University of Cagliari. She has been Visiting Scholar at the Stanford University, Research Economist at the World Bank, Professor at the University of Vienna and at the International Diplomatic Academy of Vienna. Her publications comprise many articles in international academic journals.

 

 

Roberto Malavasi is Chair of Financial Markets and Institutions at the Department of Economics and Business of the University of Cagliari. He has been teaching Banking and Finance for more than 40 years. His publications comprise articles either in Italian and international journals, as well as some finance and international finance textbooks.

Table of contents (12 chapters)

Table of contents (12 chapters)
  • The Crisis of International Finance, the Eurozone and Economic Growth

    Pages 3-18

    Hieronymi, Otto

  • The European Twin Sovereign Debt and Banking Crises

    Pages 19-35

    Moro, Beniamino

  • Moral-Hazard Conduct in the European Banks During the First Wave of the Global Financial Crisis

    Pages 39-52

    Mattana, Paolo (et al.)

  • Agency Problems in Banking: Types of and Incentives for Risk Shifting

    Pages 53-66

    Duran, Miguel A. (et al.)

  • Structural Reform, Too-Big-To Fail and Banks as Public Utilities in Europe

    Pages 67-80

    Molyneux, Philip

Buy this book

eBook $109.00
price for USA (gross)
  • ISBN 978-3-319-17413-6
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA
  • ISBN 978-3-319-17412-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.99
price for USA
  • Customers within the U.S. and Canada please contact Customer Service at +1-800-777-4643, Latin America please contact us at +1-212-460-1500 (24 hours a day, 7 days a week).
  • Due: November 4, 2016
  • ISBN 978-3-319-36840-5
  • Free shipping for individuals worldwide

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Bibliographic Information

Bibliographic Information
Book Title
Financial Crisis, Bank Behaviour and Credit Crunch
Editors
  • Stefania Patrizia Sonia Rossi
  • Roberto Malavasi
Series Title
Contributions to Economics
Copyright
2016
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-17413-6
DOI
10.1007/978-3-319-17413-6
Hardcover ISBN
978-3-319-17412-9
Softcover ISBN
978-3-319-36840-5
Series ISSN
1431-1933
Edition Number
1
Number of Pages
XII, 193
Number of Illustrations
6 b/w illustrations, 38 illustrations in colour
Topics