Bank Liquidity Creation and Financial Crises: New Perspectives

Bank Liquidity Creation and Financial Crises: New Perspectives delivers a consistent and logical presentation of liquidity creation, connecting regulatory measures with this novel benchmarking tool. Authors Allen Berger and Christa Bouwman examine ways to measure liquidity creation, how much liquidity banks create in different countries, differences among five financial crises that occurred over the past three decades and 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. Readers need no advanced, specialized academic knowledge to understand the concept of liquidity creation. Narrowing the gap between the academic world, focused on theories, and the practitioner world, dedicated to solving real-world problems, this book offers a 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 contextsDirectly links bank liquidity to financial crisesAddresses questions of research and policy interest, especially on liquidity creation outside the United StatesIncludes 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 INDICE: What is Bank Liquidity Creation and How does it Differ from Bank Liquidity?How to Measure Bank Output?How to Identify Financial CrisesHow Much Liquidity Do Banks Create During Normal Times and Financial Crises?Do Better-Capitalized Banks Create More or Less Liquidity?What are the Other Characteristics of Banks that Create More or Less Liquidity?Do Banks that Create More Liquidity Perform Better or Worse?How Will Basel III Affect Bank Liquidity Creation?Do Other Government Policies and Actions Affect Bank Liquidity Creation During Normal Times and Financial Crises?How Can Bank Executives, Regulators, Policy Makers, Financial Analysts, and Researchers Use Liquidity Creation Data to Their Advantage?What Are the Important Open Research Questions?

• ISBN: 978-0-12-800233-9
• Editorial: Academic Press
• Encuadernacion: Cartoné
• Páginas: 320
• Fecha Publicación: 01/11/2015
• Nº Volúmenes: 1
• Idioma: Inglés