European University Institute Library

Financial systems, markets and institutional changes, edited by Ted Lindblom, Stefan Sjögren and Magnus Willesson

eng

Includes bibliographical references and index

index present

non fiction

Financial systems, markets and institutional changes

bibliography

872408624

edited by Ted Lindblom, Stefan Sjögren and Magnus Willesson

Palgrave Macmillan studies in banking and financial institutions

Financial Systems, Markets and Institutional Changes analyses and exemplifies how the financial system endogenously adjusts to institutional changes such as new technology, political tendencies, cultural differences, new business models, and government interactions. It puts particular emphasis on how different institutional settings affect firms' borrowing and how the financial crisis affected the relationship between borrowing firms and lending banks. It further increases our understanding of how efficient financial markets are formed, by addressing issues related to the globalization of the financial market, questioning whether the EMU, with its regional imbalances, is an optimal currency union, and putting new requirements on an international lender of last resort. Recent technology developments, with high frequency trading, and the increased existence of Islamic banking are two further examples of institutional changes that form new actors and new markets.--, Provided by Publisher

1. Institutional Change and the Design of Financial Systems; Ted Lindblom, Stefan Sjögren and Magnus Willesson 2. The Road to a Viable Euro Zone and the Conditions to Become a More Optimal Currency Region; René W.H. van der Linden 3. The Role of the Federal Reserve as International LOLR During the Crisis; Pierluigi Morelli, Giovanni B. Pittaluga and Elena Seghezza 4. Firm-Based and Institutional-Based Determinants of the Bank Debt Maturity; Eleuterio Vallelado, Paolo Saona and Pablo San Martín 5. The Financing of Italian Firms and the Credit Crunch; Elisabetta Gualandri and Valeria Venturelli 6. Analysis of the Earnings of Italian Asset Management Companies and Their Portfolio Companies in the Field of Private Equity; Elisa Giaretta and Giusy Chesini 7. Does 'Political Bias' Undermine the Korea Investment Corporation?; Andrea Paltrinieri, Flavio Pichler and Stefano Miani 8. Regulating High-Frequency Trading; Giusy Chesini and Elisa Giaretta 9. Islamic and Conventional Exchanges; Josanco Floreani, Andrea Paltrinieri, Maurizio Polato and Flavio Pichler