Tuesday, December 30, 2008

Economics of Banking or Oxford Guide to Financial Modeling

Economics of Banking

Author: Kent Matthews

The Economics of Banking describes and explains trends and operations in banking within an accessible microeconomic framework. It incorporates theory with the practical aspects of banking so as to set banking within the economics paradigm. A primary section on trends within banking leads on to chapters on the microeconomics of banking, market structure and regulation. The overall objective is to provide a mathematically accessible microeconomic context that will help students understand and analyze trends and operations in banking.



Table of Contents:

Ch. 1 Trends in Domestic and International Banking 1

Ch. 2 Financial Intermediation: The Impact of the Capital Market 21

Ch. 3 Banks and Financial Intermediation 35

Ch. 4 Banking Typology 51

Ch. 5 International Banking 61

Ch. 6 The Theory of the Banking Firm 77

Ch. 7 Models of Banking Behaviour 93

Ch. 8 Credit Rationing 115

Ch. 9 Securitization 131

Ch. 10 Banking Efficiency and the Structure of Banking 147

Ch. 11 Banking Competition 171

Ch. 12 Bank Regulation 187

Ch. 13 Risk Management 209

Ch. 14 The Macroeconomics of Banking 243

References 265

Index 273

Read also Flatbreads and Flavors or American Frugal Housewife

Oxford Guide to Financial Modeling

Author: Thomas A Ho

The essential premise of this book is that theory and practice are equally important in describing financial modeling. In it the authors try to strike a balance in their discussions between theories that provide foundations for financial models and the institutional details that provide the context for applications of the models. The book presents the financial models of stock and bond options, exotic options, investment grade and high-yield bonds, convertible bonds, mortgage-backed securities, liabilities of financial institutions -- the business model and the corporate model. It also describes the applications of the models to corporate finance. Furthermore, it relates the models to financial statements, risk management for an enterprise, and asset/liability management with illiquid instruments. The financial models are progressively presented from option pricing in the securities markets to firm valuation in corporate finance, following a format to emphasize the three aspects of a model: the set of assumptions, the model specification, and the model applications. Generally, financial modeling books segment the world of finance as "investments," "financial institutions," "corporate finance," and "securities analysis," and in so doing they rarely emphasize the relationships between the subjects. This unique book successfully ties the thought processes and applications of the financial models together and describes them as one process that provides business solutions. Created as a companion website to the book readers can visit thomasho.com to gain deeper understanding of the book's financial models. Interested readers can build and test the models described in the book usingExcel, and they can submit their models to the site. Readers can also use the site's forum to discuss the models and can browse server based models to gain insights into the applications of the models. For those using the book in meetings or class settings the site provides Power Point descriptions of the chapters. Students can use available question banks on the chapters for studying.



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