LEADER 05293oam 2200553 450 001 9910790868803321 005 20190911112729.0 010 $a981-4520-29-2 035 $a(OCoLC)865014064 035 $a(MiFhGG)GVRL8RFL 035 $a(EXLCZ)992550000001160095 100 $a20130712h20142014 uy 0 101 0 $aeng 135 $aurun|---uuuua 181 $ctxt 182 $cc 183 $acr 200 04$aThe social value of the financial sector $etoo big to fail or just too big? /$feditors, Viral V. Acharya, New York University, USA & Centre for Economic Policy (CEPR), UK, Thorsten Beck, Tilburg University, The Netherlands & Centre for Economic Policy (CEPR), UK, Douglas D. Evanoff, Federal Reserve Bank of Chicago, USA, George G. Kaufman, Loyola University Chicago, USA, Richard Portes, London Business School, UK & Centre for Economic Policy (CEPR), UK 210 1$aNew Jersey :$cWorld Scientific,$d[2014] 210 4$d?2014 215 $a1 online resource (xii, 523 pages) $cillustrations (some color) 225 1 $aWorld scientific studies in international economics,$x1793-3641 ;$vvolume 29 300 $aDescription based upon print version of record. 311 $a981-4520-28-4 311 $a1-306-12049-7 320 $aIncludes bibliographical references and index. 327 $aKeynote addresses -- A ferment of regulatory proposals / Charles A. E. Goodharta? -- Progress and priorities for financial reform / Mary John Miller -- Description and measurement of the financial system : what is meaningful banking reform, why is it so necessary and so unlikely? / Charles W. Calomiris -- The great leveraging / Alan M. Taylor -- Social benefits and costs of the current financial system : bank regulatory reforms and racial wage discrimination / Ross Levine, Alexey Levkov, and Yona Rubinstein -- Finance : economic lifeblood or toxin? / Marco Pagano -- Finance : is bigger badder? / Gerard Caprio, Jr -- Financial industry innovation -- A proposal for the resolution of systemically important assets and liabilities : the case of the repo market / Viral V. Acharya and T. Sabri O?ncu? -- Reexamining financial innovation after the global financial crisis / W. Scott Frame and Lawrence J. White -- Financial innovation and shadow banking / Luc Laeven -- Effects of regulation, the safety net and other government guarantees : evolving intermediation / Nicola Cetorellia? -- The socially optimal level of capital requirements : a view from two papers / Javier Suareza? -- Effects of regulation, the safety net, and other government guarantees / Mathias Dewatriponta? -- Finance and economic activity : variations across emerging and developed markets -- Legal and alternative institutions in finance and commerce / Franklin Allen and Jun Qian -- Finance in the tropics : understanding structural gaps and policy challenges / Thorsten Beck -- Foreign banks : access to finance and financial stability / Neeltje van Horena? -- Institutions, finance, and economic activity : views and agenda / Elias Papaioannoua? -- Break up the big banks? -- Breaking (banks) up is hard to do : new perspective on too big to fail / James R. Barth and Apanard (Penny) Prabha -- Restructuring the banking system to improve safety and soundness / Thomas M. Hoenig and Charles S. Morris -- Ending too big to fail : a proposal for reform / Richard W. Fisher and Harvey Rosenbluma? -- Where to from here? implementation, implementation, implementation / Claudio Borio -- Complexity in financial regulation / Andrew G. Haldane and Vasileios Madouros -- Financial reform : on the right road, at the right pace? / Thomas Huertas -- Banking regulation and supervision in the next 10 years and their unintended consequences / Danie?le Nouy -- The social value of the financial sector : where to from here? / Barbara A. Rehm -- Public policy options / Ju?rgen Stark. 330 $aAs a result of the recent financial crisis, there has been significant public debate on the role of the financial sector in bringing about the ""Great Depression."" More generally, there has been debate about whether the current industry structure has enhanced social welfare or served a detrimental role. This book is a collection of papers presented at the conference held at the Federal Reserve Bank of Chicago, in November 2012 that examined the social value of the financial sector as currently structured. Issues evaluated include what are the perceived benefits and costs of the current financ 410 0$aWorld Scientific studies in international economics ;$vv. 29. 606 $aFinancial institutions 606 $aFinancial institutions$xGovernment policy 606 $aBanks and banking 606 $aSocial policy 615 0$aFinancial institutions. 615 0$aFinancial institutions$xGovernment policy. 615 0$aBanks and banking. 615 0$aSocial policy. 676 $a332.1 702 $aAcharya$b Viral V. 702 $aBeck$b Thorsten 702 $aEvanoff$b Douglas Darrell$f1951- 702 $aKaufman$b George G. 702 $aPortes$b Richard 801 0$bMiFhGG 801 1$bMiFhGG 906 $aBOOK 912 $a9910790868803321 996 $aThe social value of the financial sector$93871505 997 $aUNINA