Contemporary banking theory

Sudipto Bhattacharya; Anjan V. Thakor

doi:10.1006/jfin.1993.1001

Contemporary banking theory

Sudipto Bhattacharya
, Anjan V. Thakor

Research output: Contribution to journal › Article › peer-review

652 Scopus citations

Abstract

We review the contemporary theory of financial intermediation. The focus is on contributions in the past 15 years or so that have advanced our understanding of why financial intermediaries exist, the credit allocation and other services they provide in spot and forward credit markets, the contractual nature and allocational consequences of the claims they issue, and the optimal design of bank regulation. Journal of Economic Literature Classification Numbers: 310, 312, and 314.

Original language	English
Pages (from-to)	2-50
Number of pages	49
Journal	Journal of Financial Intermediation
Volume	3
Issue number	1
DOIs	https://doi.org/10.1006/jfin.1993.1001
State	Published - 1993

Access to Document

10.1006/jfin.1993.1001

Cite this

@article{3c42c2222388460e8d764a3a26746b71,

title = "Contemporary banking theory",

abstract = "We review the contemporary theory of financial intermediation. The focus is on contributions in the past 15 years or so that have advanced our understanding of why financial intermediaries exist, the credit allocation and other services they provide in spot and forward credit markets, the contractual nature and allocational consequences of the claims they issue, and the optimal design of bank regulation. Journal of Economic Literature Classification Numbers: 310, 312, and 314.",

author = "Sudipto Bhattacharya and Thakor, \{Anjan V.\}",

year = "1993",

doi = "10.1006/jfin.1993.1001",

language = "English",

volume = "3",

pages = "2--50",

journal = "Journal of Financial Intermediation",

issn = "1042-9573",

number = "1",

}

TY - JOUR

T1 - Contemporary banking theory

AU - Bhattacharya, Sudipto

AU - Thakor, Anjan V.

PY - 1993

Y1 - 1993

N2 - We review the contemporary theory of financial intermediation. The focus is on contributions in the past 15 years or so that have advanced our understanding of why financial intermediaries exist, the credit allocation and other services they provide in spot and forward credit markets, the contractual nature and allocational consequences of the claims they issue, and the optimal design of bank regulation. Journal of Economic Literature Classification Numbers: 310, 312, and 314.

AB - We review the contemporary theory of financial intermediation. The focus is on contributions in the past 15 years or so that have advanced our understanding of why financial intermediaries exist, the credit allocation and other services they provide in spot and forward credit markets, the contractual nature and allocational consequences of the claims they issue, and the optimal design of bank regulation. Journal of Economic Literature Classification Numbers: 310, 312, and 314.

UR - https://www.scopus.com/pages/publications/43949162410

U2 - 10.1006/jfin.1993.1001

DO - 10.1006/jfin.1993.1001

M3 - Article

AN - SCOPUS:43949162410

SN - 1042-9573

VL - 3

SP - 2

EP - 50

JO - Journal of Financial Intermediation

JF - Journal of Financial Intermediation

IS - 1

ER -

Contemporary banking theory

Abstract

Access to Document

Other files and links

Fingerprint

Cite this