The banking and finance sectors are relevant shares of modern economies and indeed drivers of growth in emerging economies. The majority of existing economic and finance textbooks focus on concepts and theories with briefly exposited real-world examples for illustration. This book, which collects chapters that are the contributions of the acknowledged experts in their fields, fills this gap by featuring in-depth analyses on prominent real-world topics in banking and finance. The book’s applications of econometrics present insightful perspectives on the recent development of banking issues, stock market contagion, the impact of internet technology (IT) on stock markets, financial innovation and technology firms, and an international perspective on the loan puzzle and interest rate adjustment in emerging markets. In addition to exhaustive case studies on banking and finance in India, Hong Kong, Japan, and other Asian emerging markets, the authors coherently contribute an intellectual advancement of contemporary issues in banking and finance literature. The authors offer an essential reading and source of reference for postgraduate and advanced undergraduate courses in economics and finance.
Price: $145.99
Pages: 320
Publisher: Emerald Publishing Limited
Imprint: Emerald Publishing Limited
Series: International Symposia in Economic Theory and Econometrics
Publication Date:
04 October 2018
ISBN: 9781787564541
Format: Hardcover
BISACs:
BUSINESS & ECONOMICS / Finance / General, Banking, BUSINESS & ECONOMICS / Banks & Banking, BUSINESS & ECONOMICS / Accounting / Financial
The book edited by William A. Barnett and Bruno S. Sergi is well embedded in international literature on banking and financial issues related to the realities of the emerging markets. The author uses multiple and diversified sources of information, including monographs, academic journals, publications and reports issues by central banks, other financial institutions, consultancies etc... the monograph under review is an interesting and valuable theoretical-empirical study, well rooted in the topical literature. I would highly recommend the book edited by William A. Barnett and Bruno S. Sergi to all scholars as well as managers and business people interested in banking and finance in emerging markets.
— Bogdan Mróz, Warsaw School of Economics, Modern Management Review, vol. 25
William A. Barnett – is the
Oswald Distinguished Professor of Macroeconomics at the University of Kansas,
Director of the Center for Financial Stability in New York City, President of
the Society for Economic Measurement, and Editor of the Cambridge University
Press journal,
Macroeconomic Dynamics.
His book,
Getting It Wrong: How Faulty
Monetary Statistics Undermine the Fed, the Financial System, and the Economy,
published by MIT Press, won the American Publishers Award for Professional and
Scholarly Excellence for the best book published in economics during 2012. With
Nobel Laureate Paul Samuelson, he also coauthored the book,
Inside the Economist’s Mind, translated
into seven languages.
Bruno S. Sergi – is a teacher and scholar whose area of research
interest centers on the emerging markets. At Harvard University he is an
instructor on the economics of emerging markets and the political economy of
Russia and China, an Associate of the Davis Center for Russian and Eurasian
Studies, and a Faculty Affiliate in the Institute for Quantitative Social
Science. In addition, he teaches international economics at the University of
Messina, is an Associate Editor of The
American Economist (an official publication of Omicron Delta Epsilon, The
International Honor Society in Economics), and a co-founder and Scientific
Director of the International Center for Emerging Markets in Moscow. He is the
author and/or coauthor of several books and over 150 scholarly papers.
Chapter 1. ASEAN-5 Economic and Exchange Rate Integration;
Tatre Jantarakolica and Korbkul JantarakolicaChapter 2. The Macroeconomic Effects of RMB Internationalization: the Perspective of Overseas Circulation; Cong Wang and Xue Wang
Chapter 3. Dynamic Connectedness in Emerging Asian Equity Markets; Pym Manopimoke, Suthawan Prukumpai and Yuthana Sethapramote
Chapter 4. Stock Market Contagion from a Spatial Perspective; William W. Chow
Chapter 5. Deposit Rate Asymmetry and Edgeworth Cycles after Hong Kong’s Interest Rate Deregulation; Michael K. Fung
Chapter 6. India’s Bad Loan Conundrum: Recurrent Concern for Banking System Stability and the Way Forward; Soumya Bhadury and Bhanu Pratap
Chapter 7. An International Perspective on the Loan Puzzle in Emerging Markets; Asli Leblebiciouglu and Victor Valcarcel
Chapter 8. Is Japanese Regional Banks’ Overseas Business in Emerging Markets Hopeful? An Observation Through X-Means Clustering; Masaki Yamaguchi
Chapter 9. A Paradigm Shift in Banking: Unfolding Asia’s FinTech Adventures; Agrata Gupta and Chun Xia
Chapter 10. Acceptance of Financial Technology in Thailand: Case Study of Algorithm Trading; Korbkul Jantarakolica and Tatre Jantarakolica
Chapter 11. Financial Innovation and Technology Firms: A Smart New World with Machines; Kevin Chen