000763907 000__ 04032cam\a2200445\i\4500 000763907 001__ 763907 000763907 005__ 20210515121429.0 000763907 006__ m\\\\\o\\d\\\\\\\\ 000763907 007__ cr\cn\nnnunnun 000763907 008__ 161215t20162016njuad\\\ob\\\\001\0\eng\d 000763907 019__ $$a956277584$$a957133279$$a957191406$$a957301739$$a957436487$$a957521680$$a957611140$$a957737427$$a958087503$$a958349551$$a958448286$$a958779034 000763907 020__ $$a9781400880904$$q(electronic book) 000763907 020__ $$z9780691171791 000763907 035__ $$a(OCoLC)ocn952154022 000763907 035__ $$a(MiAaPQ)EBC4614768 000763907 035__ $$a(MiAaPQ)ebr11240494 000763907 035__ $$a763907 000763907 040__ $$aMiAaPQ$$beng$$erda$$epn$$cMiAaPQ$$dMiAaPQ 000763907 050_4 $$aHG1573$$b.V58 2016eb 000763907 08204 $$a332.1$$223 000763907 1001_ $$aVives, Xavier,$$eauthor. 000763907 24510 $$aCompetition and stability in banking :$$bthe role of regulation and competition policy /$$cXavier Vives. 000763907 264_1 $$aPrinceton [New Jersey] :$$bPrinceton University Press,$$c[2016] 000763907 264_4 $$c©2016 000763907 300__ $$a1 online resource (xx, 324 pages) :$$billustrations 000763907 336__ $$atext$$2rdacontent 000763907 337__ $$acomputer$$2rdamedia 000763907 338__ $$aonline resource$$2rdacarrier 000763907 504__ $$aIncludes bibliographical references and index. 000763907 5050_ $$aTrends in banking -- Fragility in banking and the role of regulation -- Analysis of competition in banking: theory and empirics -- Competition, regulation, and stability in banking: theory and evidence -- Overview of competition policy practice -- Competition policy, regulatory architecture, and public intervention in the crisis -- Summary of findings and policy implications. 000763907 506__ $$aAccess limited to authorized users. 000763907 520__ $$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. "--$$cProvided by publisher. 000763907 588__ $$aDescription based on print version record. 000763907 650_0 $$aBanks and banking. 000763907 650_0 $$aBanks and banking$$xGovernment policy. 000763907 650_0 $$aCompetition. 000763907 77608 $$iPrint version:$$aVives, Xavier.$$tCompetition and stability in banking.$$dPrinceton [New Jersey] : Princeton University Press, [2016]$$z9780691171791$$w(DLC) 2016005145$$w(OCoLC)944957805 000763907 852__ $$bacq 000763907 85280 $$bebk$$hProQuest Ebook Central 000763907 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=4614768$$zOnline Access 000763907 909CO $$ooai:library.usi.edu:763907$$pGLOBAL_SET 000763907 980__ $$aEBOOK 000763907 980__ $$aBIB 000763907 982__ $$aEbook 000763907 983__ $$aOnline