Microeconomics of Banking, third edition

By Jean-Charles Rochet, Xavier Freixas | Publisher: MIT Press

About the book

The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory.

The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user’s guide to recent academic literature. Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled. 

New edition highlights:

  • Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework
  • New chapters on liquidity and systemic risk
  • New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy

Editions of Microeconomics of Banking, third edition

Hardcover
ISBN 9780262048194
EBook
ISBN 9780262375283
EBook
ISBN 9780262375290

Read an Excerpt

The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory.

The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user’s guide to recent academic literature. Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled. 

New edition highlights:

  • Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework
  • New chapters on liquidity and systemic risk
  • New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy

Frequently Asked Questions

What is Microeconomics of Banking, third edition about?

The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory.

The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user’s guide to recent academic literature. Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled. 

New edition highlights:

  • Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework
  • New chapters on liquidity and systemic risk
  • New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy

What core themes, tropes, or subjects are explored in Microeconomics of Banking, third edition?

Economics, Finance, Business and Management > Finance and accounting > Finance and the finance industry > Banking

Where can I read a sample of Microeconomics of Banking, third edition?

You can read an official preview of the few pages here https://www.book2look.com/book/9780262048194

Who is/are the Author/s of the book Microeconomics of Banking, third edition?

Jean-Charles Rochet, Xavier Freixas

Who is the Publisher of the book Microeconomics of Banking, third edition?

MIT Press

What are the ISBN numbers for the physical and digital editions?

Microeconomics of Banking, third edition is available as hardcover(ISBN 9780262048194) and ebook(ISBN 9780262375283) and ebook(ISBN 9780262375290)

Where can I buy Microeconomics of Banking, third edition online or support local independent bookshops?

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