000			03007nam a22004935i 4500
001			978-3-642-21807-1
003			DE-He213
005			20140220083258.0
007			cr nn 008mamaa
008			110916s2012 gw | s |||| 0|eng d
020			_a9783642218071 _9978-3-642-21807-1
024	7		_a10.1007/978-3-642-21807-1 _2doi
050		4	_aHG1-9999
050		4	_aHG4501-6051
050		4	_aHG1501-HG3550
072		7	_aKFF _2bicssc
072		7	_aKFFK _2bicssc
072		7	_aBUS027000 _2bisacsh
072		7	_aBUS004000 _2bisacsh
082	0	4	_a657.8333 _223
082	0	4	_a658.152 _223
100	1		_aMarinč, Matej. _eauthor.
245	1	4	_aThe Economics of Bank Bankruptcy Law _h[electronic resource] / _cby Matej Marinč, Razvan Vlahu.
264		1	_aBerlin, Heidelberg : _bSpringer Berlin Heidelberg : _bImprint: Springer, _c2012.
300			_aXIII, 158p. 11 illus., 1 illus. in color. _bonline resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0		_a1 Introduction -- 2 General Issues in Bankruptcy Law -- 3 Are Banks Special? Implications for Bank Bankruptcy Law -- 4 Systemic Crises -- 5 General Issues on the structure of Banking Industry -- 6 Current Bank Bankruptcy Regimes and Recent Developments -- 7 Optimal Design of Bank Bankruptcy Law and the Bank Failures from the 2007-2009 Financial Crisis -- 8 Conclusions -- 9 Appendix.
520			_aThis 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.
650		0	_aEconomics.
650		0	_aPublic finance.
650	1	4	_aEconomics/Management Science.
650	2	4	_aFinance/Investment/Banking.
650	2	4	_aFinancial Law/Fiscal Law.
700	1		_aVlahu, Razvan. _eauthor.
710	2		_aSpringerLink (Online service)
773	0		_tSpringer eBooks
776	0	8	_iPrinted edition: _z9783642218064
856	4	0	_uhttp://dx.doi.org/10.1007/978-3-642-21807-1
912			_aZDB-2-SBE
999			_c101999 _d101999