Berger / Bouwman Bank Liquidity Creation and Financial Crises

1. Auflage 2015
ISBN: 978-0-12-800531-6
Verlag: Academic Press
Format: EPUB
Kopierschutz: 6 - ePub Watermark

E-Book, Englisch, 294 Seiten, Format (B × H): 152 mm x 229 mm

Bank Liquidity Creation and Financial Crises is a novel benchmarking tool that delivers a consistent, logical presentation of liquidity creation and integrates regulatory measures to address questions of research and policy interest that can be easily understood by readers with no advanced or specialized industry knowledge.

Authors Allen Berger and Christa Bouwman examine ways to measure liquidity creation, how much liquidity banks create in different countries, the differences among five financial crises that occurred over the past three decades and during normal times, the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, and the effects of bailouts.

Narrowing the gap between the "academic world" (focused on theories) and the "practitioner world" (dedicated to solving real-world problems), this book is a helpful new tool for evaluating a bank's performance over time and comparing it to its peer group.



- Focuses on liquidity creation for firms and households, distinguishing it from other contexts
- Directly links bank liquidity to financial crises
- Addresses questions of research and policy interest, especially on liquidity creation outside the United States
- Includes such hot-button topics as the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, and the effects of bailouts

Zielgruppe

Upper-division undergraduates, graduate students, and professionals worldwide working in banking, financial intermediation, and regulation, especially in respect to financial crises

Autoren/Hrsg.

Berger, Allen

Berger, Allen N.

Bouwman, Christa

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Finanzkrisen, Wirtschaftskrisen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzkrisen

Inhaltsverzeichnis

PART I - INTRODUCTORY MATERIALS

1. Introduction

2. Liquidity Creation Theories

3. Understanding Financial Statements

PART II - LIQUIDITY CREATION MEASUREMENT AND USES

4. Measurement of Bank Liquidity Creation

5. Using Liquidity Creation to Measure Bank Output

6. Using Liquidity Creation to Measure Bank Liquidity

Part III - FINANCIAL CRISES, LIQUIDITY CREATION, AND THEIR LINKS

7. Defining and Dating Financial Crises

8. How Much Liquidity Do Banks Create During Normal Times and Financial Crises?

9. The Links between Bank Liquidity Creation and Future Financial Crises

PART IV - CAUSES AND CONSEQUENCES OF LIQUIDITY CREATION

10. Do Better-Capitalized Banks Create More or Less Liquidity?

11. Which Banks Create the Most and Least Liquidity?

12. How do Government Policies and Actions affect Bank Liquidity Creation during Normal Times and Financial Crises?

13. Bank Liquidity Creation: Value, Performance, and Persistence

Part V - LOOKING TOWARD THE FUTURE

14. How Can Bank Executives, Financial Analysts, Researchers, and Policy Makers (Including Legislators, Regulators, and Central Bankers) Use Bank Liquidity Creation Data to Their Advantages?

15. Where We Now Stand and the Open Research and Policy Questions

16. Links to Websites Containing Data, Documents, and Other Information Useful for U.S. Bank Performance Benchmarking, Research, and Policy Work

References

Über Autor(innen)

Berger, Allen
Allen N. Berger is the H. Montague Osteen, Jr., Professor in Banking and Finance at the University of South Carolina. He is a Senior Fellow at the Wharton Financial Institutions Center and is affiliated with the European Banking Center.

Bouwman, Christa
Christa H.S. Bouwman is Associate Professor of Finance and RepublicBank Research Fellow at Texas A&M University. She is also a Fellow at the Wharton Financial Institutions Center at the University of Pennsylvania and has worked at ABN AMRO Bank and as a litigative consultant for the US Department of Justice.