Proceedings of the Fifteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis.
Buch, Englisch, 245 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 1200 g
ISBN: 978-0-7923-9185-2
Verlag: Springer
The conference focused on the effects of a variety of recent changes in the market for financial services in the United States. This market has been changing rapidly in recent years: business loans have become more liquid, as the market for loan sales grows. Banks have been permitted to participate in a limited form of interstate banking. Commercial banks have been given permission to offer additional underwriting services. The market for residential mortgage credit has been transformed, through securitization and the declining role of savings and loan associations. Foreign financial firms have taken a rising share of the market financial services.
The papers in this volume describe these changes and examine implications for financial institutions and their customers.
Zielgruppe
Research
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
Weitere Infos & Material
I.- 1 The Opening of New Markets for Bank Assets.- II.- 2 Interstate Banking, Bank Expansion and Valuation.- 3 The Market for Home Mortgage Credit: Recent Changes and Future Prospects.- 4 Equity Underwriting Risk.- III.- 5 The Competitive Impact of Foreign Commercial Banks in the United States.- 6 The Competitive Impact of Foreign Underwriters in the United States.