- ホーム
- > 洋書
- > 英文書
- > Business / Economics
Full Description
This valuable book discusses in detail, through a blend of theory and empirical research, the processes of innovation and the diffusion of new financial instruments. The contributors explore theoretical issues such as the relationship between financial innovation and market structure and the legal protection of financial innovation. They examine various topics on retail banking, from payment services and procedures, trading online, internet banking and profitability of retail banking to microfinance. This comprehensive book also focuses on innovation in corporate banking, such as credit derivatives and their implications for the relationship between banks and markets in financial systems.
This book will be invaluable to postgraduate students, researchers and academics with an interest in economics and finance and financial innovation in particular.
Contents
Contents:
Preface
Paolo Mottura
1. Financial Innovation and the Economics of Banking and the Financial System
David T. Llewellyn
2. Is Financial Innovation Still a Relevant Issue?
Luisa Anderloni and Paola Bongini
3. Microfinance, Innovations and Commercialisation
Reinhard H. Schmidt
4. Technological Innovation in Banking: The Shift to ATMs and Implicit Pricing of Network Convenience
Santiago Carbó Valverde and David B. Humphrey
5. Financial Innovation in Internet Banking: A Comparative Analysis
Francesa Arnabodi and Peter Claeys
6. How do Internet Payments Challenge the Retail Payment Industry?
David Bounie and Pierre Gazé
7. Intellectual Property Rights and Standard Setting in Financial Services: The Case of the Single European Payments Area
Robert M. Hunt, Samuli Simojoki and Tuomus Takalo
8. The Regulatory and Market Developments of Covered Bonds in Europe
Giuseppina Chesini and Monica Tamisari
9. Credit Derivatives versus Loan Sales: Evidence from the European Banking Market
Mascia Bedendo and Brunella Bruno
10. On the Required Regulatory Support for Credit Derivative Markets
Rym Ayadi and Patrick Behr
11. Innovation in Trading Activity: Should Stock Markets be More Transparent?
Caterina Lucarelli, Camilla Mazzoli and Merlin Rothfeld
Index