Journal ArticleDOI
Contemporary Banking Theory
TLDR
A review of the contemporary theory of financial intermediation can be found in this paper, where the focus is on contributions in the past 15 years or so that have advanced our understanding of why financial intermediaries exist, the credit allocation and other services they provide in spot and forward credit markets, the contractual nature and allocational consequences of the claims they issue, and the optimal design of bank regulation.About:
This article is published in Journal of Financial Intermediation.The article was published on 1993-10-01. It has received 1191 citations till now. The article focuses on the topics: Financial intermediary & Bank regulation.read more
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Journal ArticleDOI
Relationship Banking: What Do We Know?
TL;DR: In this paper, the authors briefly review the contemporary literature on relationship banking and discuss how relationship banking fits into the core economic services provided by banks and point at its costs and benefits.
Book
Microeconomics of banking
TL;DR: In this paper, the authors provide a comprehensive treatment of the microeconomic theory of banking and finance, with a focus on four important topics: the theory of two-sided markets and its implications for the payment card industry; "non-price competition" and its effect on the competition-stability tradeoff and the entry of new banks; the transmission of monetary policy and the effect of the credit market of capital requirements for banks; and the theoretical foundations of banking regulation, which have not yet led to a significant parallel development of economic modeling.
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The Determinants of Banking Crises in Developing and Developed Countries
TL;DR: This article studied the factors associated with the emergence of systemic banking crises in a large sample of developed and developing countries in 1980-94 using a multivariate logit econometric model.
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Venture Capitalists and the Oversight of Private Firms
TL;DR: In this article, the authors examine the representation of venture capitalists on the boards of private firms in their portfolios and find that the number of outside investors increases with chief executive officer turnover.
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Can Relationship Banking Survive Competition
TL;DR: This article showed that as interbank competition increases, banks make more relationship loans, but each has lower added value for borrowers, while capital market competition reduces relationship lending and bank lending shrinks.