The Economics of Bank Bankruptcy Law

Authors: Marinč, Matej, Vlahu, Razvan

  • Up-to-date review of the literature on economics of bank bankruptcy law and optimal bank restructuring
  • Up-to-date analysis of bank bankruptcy laws in several countries
  • Analysis of bank failures from the 2007-2009 financial crisis and implications for bank bankruptcy law Presents recommendations for changes in prudential regulation and reorganization policies
see more benefits

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-642-21807-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.99
price for USA in USD
  • ISBN 978-3-642-21806-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.00
price for USA in USD
  • ISBN 978-3-642-44521-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision. These features distinguish banks from other corporations and are largely neglected in corporate bankruptcy law. The authors, an assistant professor for money and finance and a research economist at the Dutch Central Bank, propose changes in both prudential regulation and reorganization policies that should allow regulators and banking authorities to better mitigate disruptions in the financial system and minimize the social costs of bank failures. Their recommendations are complemented by a discussion of bank failures from the 2007–2009 financial crisis.

About the authors

Matej Marinč is an assistant professor at the Faculty of Economics, University of Ljubljana. He is affiliated with the Amsterdam Center for Law & Economics. His main area of research is financial intermediation. His articles were published in several international journals, including Industrial and Corporate Change, and books and his work was presented at many international conferences. He also serves as a referee for several international journals. Marinč received an MA from the University of Ljubljana, and a PhD in economics from the University of Amsterdam.

Razvan Vlahu is Research Economist at De Nederlandsche Bank (Dutch Central Bank). He holds a PhD from University of Amsterdam and an MPhil from Tinbergen Institute. His research is focused on Financial Intermediation, Banking Regulation, Financial Stability and Experimental Banking and has been presented to major conferences including the EFA and FIRS annual meetings.

Table of contents (9 chapters)

  • Introduction

    Marinč, Matej (et al.)

    Pages 1-4

  • General Issues in Bankruptcy Law

    Marinč, Matej (et al.)

    Pages 5-19

  • Are Banks Special? Implications for Bank Bankruptcy Law

    Marinč, Matej (et al.)

    Pages 21-63

  • Systemic Crises

    Marinč, Matej (et al.)

    Pages 65-84

  • General Issues on the Structure of Banking Industry

    Marinč, Matej (et al.)

    Pages 85-96

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-642-21807-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $149.99
price for USA in USD
  • ISBN 978-3-642-21806-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $169.00
price for USA in USD
  • ISBN 978-3-642-44521-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
The Economics of Bank Bankruptcy Law
Authors
Copyright
2012
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-21807-1
DOI
10.1007/978-3-642-21807-1
Hardcover ISBN
978-3-642-21806-4
Softcover ISBN
978-3-642-44521-7
Edition Number
1
Number of Pages
XIII, 158
Topics