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Financial Crisis, Bank Behaviour and Credit Crunch

  • Conference proceedings
  • © 2016

Overview

Part of the book series: Contributions to Economics (CE)

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Table of contents (12 papers)

  1. Genesis and Evolution of the Global Financial Crisis

  2. Bank Opportunistic Behaviour and Structural Reforms

  3. Bank Regulation, Credit Access and Bank Performance

Keywords

About this book

​This book explores some relevant distortions and market failures in financial and banking markets caused by the recent financial crisis and offers important insights to policymakers as well. After having introduced the reader to the economic background behind the origin of the present financial turmoil, the book proposes a distinct angle to look at some macro and microeconomic aspects. The volume discusses whether and to what extent policies, implemented by governments and monetary authorities to countervail bank defaults and avoid a disastrous financial instability, have in some way determined opportunistic conducts (moral hazard), changes in banks’ behaviour, distortive incentives and market failures. Furthermore, the book offers a viewpoint on the effects of the evolution of regulation for the banking sector. Finally, the book assesses how the increase in the cost of funding and the shrinking in credit supply (credit crunch) has modified the financial structure of small and medium firms. To illustrate this, some specific cases at Italian regional level are examined.

Editors and Affiliations

  • Dept. of Economics and Business, University of Cagliari, Cagliari, Italy

    Stefania P.S. Rossi, Roberto Malavasi

About the editors

Stefania P. S. Rossi is Professor of Economics at the Department of Economics and Business of the University of Cagliari. She has been Visiting Scholar at the Stanford University, Research Economist at the World Bank, Professor at the University of Vienna and at the International Diplomatic Academy of Vienna. Her publications comprise many articles in international academic journals.

 

 

Roberto Malavasi is Chair of Financial Markets and Institutions at the Department of Economics and Business of the University of Cagliari. He has been teaching Banking and Finance for more than 40 years. His publications comprise articles either in Italian and international journals, as well as some finance and international finance textbooks.

Bibliographic Information

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