Microeconometrics of Banking: Methods, Applications, and Results

INTRODUCTION WHY DO FINANCIAL INTERMEDIARIES EXIST? THE INDUSTRIAL ORGANIZATION APPROACH TO BANKING THE LENDER-BORROWER RELATIONSHIP EQUILIBRIUM AND RATIONING IN THE CREDIT MARKET THE MACROECONOMIC CONSEQUENCES OF FINANCIAL IMPERFECTIONS INDIVIDUAL BANK RUNS AND SYSTEMIC RISK MANAGING RISKS IN THE BANKING FIRM THE REGULATION OF BANKS CONCLUSION EPILOGUE: THE BANKING CRISIS OF 2007-2008