Financial Structure and Stability edited by Alexander Karmann.

The basic question of this book is what we can learn from empirical as well as theoretical analysis of financial systems, differing cross-sectional and changing structually over time, with respect to the issue of stability of financial systems. Part I of the book deals with stability issues in a glo...

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Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: Karmann, Alexander (Editor)
Format: eBook
Language:English
Published: Heidelberg : Physica-Verlag HD : Imprint: Physica, 2000.
Edition:1st ed. 2000.
Series:Contributions to Economics,
Springer eBook Collection.
Subjects:
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Table of Contents:
  • Financial systems: What can we learn from the past? Introduction to the book
  • I: Financial stability and globalization
  • Evolution of fmandal systems: Convergence towards higher or lower stability?
  • Effects of globalization on national monetary policy.
  • Discussion of Helmut Wagner’s “Effects of globalization on national monetary policy”
  • Are we facing a stock market bubble?
  • Discussion of David I. Fand’s “Are we facing a stock market bubble?”
  • What explains the Asian balance of payments crisis? A simple third-generation approach
  • Causes and consequences of the Asian economic crisis
  • Functions of economic policy in promoting the efficiency of the international fmancial system
  • Discussion of Wolfgang File’s “Functions of economic policy in promoting the efficiency of the international fmancial system ”
  • II: Banking systems and restructuring
  • Universal banks - A reconsideration
  • Efficiency of the banking system: The Italian case
  • Discussion of Gianandrea Goisis’s “Efficiency of the banking system: The Italian case”
  • Institutional changes in economies in transition and stability of the banking system
  • Discussion of Chuluunbaatar Enkhzaya’s “Institutional changes in economies in transition and stability of the banking sector”
  • Central banking and financial stability in transition economies
  • III: Public sector banks 201
  • The Saxon savings banks association: Saxony’s response to the challenges posed by competition in the banking sector
  • Process of change within the universal banking system in Europe
  • Public sector banks - hnportance and restructuring Discussion of Georg Milbradt’s “The Saxon savings banks association”
  • IV: Quantitative explorations in financial systems
  • Causal links between fmancial activity and economic growth: Evidence from two-wave model estimations
  • Sovereign risk, reserves, and implicit default probabilities: An option based spread analysis
  • Notes on contributors.