000			03719cam a2200385Ii 4500
001			ocn952154022
003			OCoLC
005			20240726105013.0
008			160624t20162016njua ob 001 0 eng d
040			_aIDEBK _beng _erda _epn _cIDEBK _dNT _dOCLCF _dYDX _dEBLCP _dCCO _dOCLCQ _dDEBBG _dDEBSZ _dWAU _dMERUC _dIAT _dOTZ _dJSTOR
020			_a9781400880904 _q((electronic)l(electronic)ctronic)
050	0	4	_aHG1573 _b.C667 2016
049			_aMAIN
100	1		_aVives, Xavier, _e1
245	1	0	_aCompetition and stability in banking : _bthe role of regulation and competition policy / _cXavier Vives.
246	3	0	_aRole of regulation and competition policy
260			_aPrinceton : _bPrinceton University Press, _c(c)2016.
300			_a1 online resource (xx, 324 pages) : _billustrations
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
520	0		_a"Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007-09, which originated from an oversupply of credit, once again raised questions about excessive banking competition and what should be done about it. Competition and Stability in Banking addresses the critical relationships between competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies. Xavier Vives argues that while competition is not responsible for fragility in banking, there are trade-offs between competition and stability. Well-designed regulations would alleviate these trade-offs but not eliminate them, and the specificity of competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with tighter prudential requirements in more competitive situations, but he also shows that supervisory and competition authorities should stand separate from each other, each pursuing its own objective. Vives reviews the theory and empirics of banking competition, drawing on up-to-date analysis that incorporates the characteristics of modern market-based banking, and he looks at regulation, competition policies, and crisis interventions in Europe, the United States, as well as emerging economies. Focusing on why banking competition policies are necessary, Competition and Stability in Banking examines regulation's effect on the industry's efficiency and effectiveness"--Provided by publisher.
504			_a2
505	0	0	_aIntroduction -- _tTrends in banking -- _tFragility in banking and the role of regulation -- _tThe analysis of competition in banking : theory and empirics -- _tCompetition, regulation, and stability in banking : theory and evidence -- _tAn overview of competition policy practice -- _tCompetition policy, regulatory architecture, and public intervention in the crisis -- _tSummary of findings and policy implications.
530			_a2 _ub
650		0	_aBanks and banking.
650		0	_aBanks and banking _xGovernment policy.
650		0	_aCompetition.
655		1	_aElectronic Books.
856	4	0	_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1131203&site=eds-live&custid=s3260518 _zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942			_cOB _D _eEB _hHG _m2016 _QOL _R _x _8NFIC _2LOC
994			_a92 _bNT
999			_c85675 _d85675
902			_a1 _bCynthia Snell _c1 _dCynthia Snell