Inhalt
- Gründe für die Existenz von Finanzintermediären,
- Analyse der vertraglichen Beziehungen zwischen Banken und Kreditnehmern,
- Struktur des Bankenwettbewerbs,
- Stabilität des Bankensystems,
- Makroökonomische Rolle der Finanzintermediation.
Lernziele
Die Studierenden werden in die theoretischen Grundlagen der Finanzintermediation eingeführt.
Vorlesungsunterlagen
Die Vorlesungsunterlagen sind im ILIAS-System verfügbar:
https://ilias.rz.uni-karlsruhe.de/repository.php?cmd=frameset&ref_id=74409
Literatur
- Bolton, P./Scharfstein, D.S. (1990): A Theory of Predation Based on Agency Problems in Financial Contracting. In. American Economic Review, 80, S. 93-106.
- Bolton, P./Scharfstein, D.S. (1996): Optimal Debt Structure and the Number of Creditors. In: Journal of Political Economy, 104, S. 1- 25.
- Diamond, D.W. (1984): Financial Intermediation and Delegated Monitoring. In: Review of Economic Studies, 51, S. 393-414.
- Diamond, D.W./Dybvig, P.H. (1983): Bank Runs, Deposit Insurance, and Liquidity. In: Journal of Political Economy, 91, S. 401-419.
- Diamond, D.W./Rajan, R.G. (2001): Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking. In: Journal of Political Economy, 109, S. 287-327.
- Gale, D./Hellwig, M. (1985): Incentive-Compatible Debt Contracts: The One-Period Problem. In: Review of Economic Studies, 52, S 647-663.
- Hart, O./Moore, J. (1994): A Theory of Debt Based on the Inalienability of Human Capital. In: Quarterly Journal of Economics, 109, S. 841-879.
- Holmström, B./Tirole, J. (1997): Financial Intermediation, Loanable Funds, and the Real Sector. In: Quarterly Journal of Economics, 112, S. 663-691.
- Manove, M./Padilla, A.J./Pagano, M. (2001): Collateral versus Project Screening: A Model of Lazy Banks. In: The RAND Journal of Economics, 32, S. 726-744.
- Petersen, M./Rajan, R.G. (1995): The Effect of Credit Market Competition on Lending Relationships. In: Quarterly Journal of Economics, 110, S. 407-444.
Weiterführende Literatur
- Hartmann-Wendels/Pfingsten/Weber (2010): Bankbetriebslehre, 5. Auflage, Springer Verlag.
- Freixas/Rochet (1997): Microeconomics of Banking, MIT Press.
