What Makes Banks Special? A Study of Banking, Finance, and Economic Development

What Makes Banks Special? A Study of Banking, Finance, and Economic Development

Over the past decades, finance theory has contributed significantly to understanding banks and identifying what qualifies them to be special financial intermediaries. Historically, banks have had a comparative advantage in certain functions - such...

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Bibliographic Details
Main Author: Bossone, Biagio
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ADVERSE SELECTION
ALLOCATION OF RESOURCES
ASYMMETRIC INFORMATION
AUDITING
BANK ACCOUNTS
BANK ASSETS
BANK DEPOSITS
BANK FAILURES
BANK LENDING
BANK LIABILITIES
BANK LOANS
BANK RUNS
BANK SIZE
BANKING SECTOR
BANKING THEORY
BANKRUPTCY
BANKS
BORROWING
BROKERS
CAPITAL GOODS
CAPITAL MARKETS
CENTRAL BANK
CENTRAL BANKS
CIRCUIT MODEL
CIRCULAR FLOW
COMMERCIAL BANKS
COMPARATIVE ADVANTAGE
CONSUMERS
CONTRACT ENFORCEMENT
CREDIT MARKETS
DEBT
DEFAULT RISK
DEMAND DEPOSITS
DEPOSIT ACCOUNTS
DEPOSIT TRANSFERS
DEPOSITORS
DEPOSITS
DIRECT FINANCING
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC THEORY
ECONOMICS
ECONOMICS OF INFORMATION
EQUILIBRIUM
EXPECTED RETURNS
FACTORING
FINANCIAL ASSETS
FINANCIAL INFRASTRUCTURE
FINANCIAL INTERMEDIARIES
FINANCIAL INTERMEDIATION
FINANCIAL LIBERALIZATION
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SYSTEMS
GAME THEORY
GOVERNMENT SECURITIES
HUMAN CAPITAL
ILLIQUIDITY
INCOME
INFORMATION ASYMMETRIES
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTERBANK PAYMENTS
INTEREST RATE
LIQUIDATION
LIQUIDITY
MICROECONOMICS
MONETARY POLICY
MONEY MULTIPLIER
MORAL HAZARD
MUTUAL FUND
NARROW BANKING
NOMINAL CAPITAL
NONBANKS
PAYMENT SYSTEMS
PORTFOLIO DIVERSIFICATION
PORTFOLIOS
PRIVATE INFORMATION
PRODUCERS
PRODUCTION TECHNOLOGY
PRODUCTIVE ASSETS
PROFITABILITY
PURCHASING POWER
REAL SECTOR
RESERVE REQUIREMENTS
RISK SHARING
SAFETY NETS
SAVINGS
SECURITIES
SETTLEMENT SYSTEMS
SUBSIDIARIES
TECHNOLOGICAL CHANGE
TECHNOLOGICAL PROGRESS
TRANSACTION COSTS
WAGES
Online Access:http://documents.worldbank.org/curated/en/2000/08/443623/makes-banks-special-study-banking-finance-economic-development
http://hdl.handle.net/10986/19815

Internet

http://documents.worldbank.org/curated/en/2000/08/443623/makes-banks-special-study-banking-finance-economic-development
http://hdl.handle.net/10986/19815

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