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Competitioni And Profitablility In European Financial Services: Strategic, Systemic And Policy Issues (Routledge International Studies in Money and Banking)
 
 
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Competitioni And Profitablility In European Financial Services: Strategic, Systemic And Policy Issues (Routledge International Studies in Money and Banking) (Hardcover)

~ Morten Balling (Author), Frank Lierman (Author), Dr Andy Mullineux (Author) "In the early 1990s, European banks seemed to be in big trouble..." (more)
Key Phrases: bank efficiency studies, pricing opportunity set, exogenous input prices, United Kingdom, Federal Reserve, New York (more...)
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Product Description

Financial services firms play a key role in the European economy. The efficiency and profitability of these firms and the competition among them have an impact on allocation of savings, financing of investment, economic growth, the stability of the financial system and the transmission of monetary policy.

This collection of research contributions includes evaluations of trends in the European financial service industry and examinations of the driving forces of efficiency, competition and profitability of financial firms and institutions in Europe. The papers have been written by leading academics and researchers in the field, who specialize in strategic, systematic and policy issues related to the European financial services industry.

This edited collection will be will be essential reading for students and academics but will also be of interest to financial practitioners and government officials interested in acquiring a deeper understanding of this complex issue.



About the Author

Morten Balling - Aarhus School of Business Denmark,Frank Lierman is Chief Economist at Dexia Bank, Belgium. Andy Mullineux is Professor of Global Finance, and Director of the Global Finance Research Group in the Department of Accounting and Finance at the Birmingham Business School, University of Birmingham, UK.

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Inside This Book (learn more)
First Sentence:
In the early 1990s, European banks seemed to be in big trouble. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
bank efficiency studies, pricing opportunity set, exogenous input prices, alternative profit efficiency, market rate spread, asset market linkages, deposits rate spread, dynamic panel data analysis, bank stock returns, international risk factor, posited variables, bubble mentality, higher market power, average efficiency scores, medio virtus, bank margins, other earning assets, prudential authorities, foreign bank ownership, diversified banks, days event window, intertemporal rate, downturn period, banking efficiency, pure spread
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United Kingdom, Federal Reserve, New York, Journal of Money, Bank of England, European Central Bank, European Union, Vander Vennet, Warsaw Stock Exchange, Lloyds Bank, European Internet, Hong Kong, Journal of Econometrics, Deutsche Bank, Journal of Financial Economics, American Economic Review, Brian Pitman, Bank of Spain, Basel Committee, Competition Commission, Electronic Finance, European Journal of Operational Research, Oxford University Press, Royal Bank of Scotland, Average Volatility
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