Financial Markets and Institutions

A European Perspective
4rd Auflage. Revised
ISBN: 978-1-108-71392-4
Verlag: Cambridge University Pr.

Buch, Englisch, 522 Seiten, Format (B × H): 170 mm x 244 mm, Gewicht: 887 g

Written for undergraduate and graduate students of finance, economics and business, the fourth edition of Financial Markets and Institutions provides a fresh analysis of the European financial system. Combining theory, data and policy, this successful textbook examines and explains financial markets, financial infrastructures, financial institutions, and the challenges of financial supervision and competition policy. The fourth edition features not only greater discussion of the financial and euro crises and post-crisis reforms, but also new market developments like FinTech, blockchain, cryptocurrencies and shadow banking. On the policy side, new material covers unconventional monetary policies, the Banking Union, the Capital Markets Union, Brexit, the Basel III capital adequacy framework for banking supervision and macroprudential policies. The new edition also features wider international coverage, with greater emphasis on comparisons with countries outside the European Union, including the United States, China and Japan.

Autoren/Hrsg.

Haan, Jakob de

Oosterloo, Sander

Schoenmaker, Dirk

Wierts, Peter

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Finanzkrisen, Wirtschaftskrisen
• Sozialwissenschaften Politikwissenschaft Internationale Beziehungen Europäische Union, Europapolitik

Inhaltsverzeichnis

Part I. Setting the Stage: 1. Functions of the financial system; 2. Financial crises; 3. European financial integration: origins and history; 4. Monetary policy of the European Central Bank; Part II. Financial Markets: 5. European financial markets; 6. The economics of financial integration; 7. Financial infrastructures; 8. Financial innovation; Part III. Financial Institutions: 9. The role of institutional investors; 10. European banks; 11. European insurers and financial conglomerates; Part IV. Policies for the Financial Sector: 12. Financial regulation and supervision; 13. Financial stability; 14. European competition policy; Index.

Über Autor(innen)

Wierts, Peter
Peter Wierts is Senior Economist at the Payments and Market Infrastructures Division of De Nederlandsche Bank and Associate Professor of Finance at VU University Amsterdam.

Haan, Jakob de
Jakob de Haan is Head of Research of De Nederlandsche Bank and Professor of Political Economy at the University of Groningen.

Schoenmaker, Dirk
Dirk Schoenmaker is Professor of Banking and Finance at the Rotterdam School of Management, Erasmus University Rotterdam.