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Modern Banking in Theory and Practice

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  • Mervyn K. Lewis

Abstract

[fre] Modem Banking in Theory and Practice. . Cet article propose une revue de la littérature portant sur les nouvelles théories de la firme bancaire. On tente tout d'abord de justifier de l'existence des intermédiaires financiers en se fondant sur les coûts d'information qui s'attachent à la conclusion des contrats financiers. On analyse alors les banques à travers leur rôle dans la gestion de l'information et dans la production de liquidité. On considère enfin certains éléments qui ne sont généralement pas pris en compte par les nouvelles théories de la firme bancaire tels que les activités de hors bilan ou les opérations financières internationales. [eng] Modern banking in theory and practice . . This article gives a survey of literature on the new theories of the banking firm. First it is argued that financial intermediaries exist to facilitate the financing process with respect to varions information costs. Bank are then analysed as " information processors " and ' liquidity insurers ". At last, some missing ingredients of the news theories are considered such as off balance sheet activities or multinational operations.

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  • Mervyn K. Lewis, 1992. "Modern Banking in Theory and Practice," Revue Économique, Programme National Persée, vol. 43(2), pages 203-228.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1992_num_43_2_409350
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    Cited by:

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    2. Christine Lagoutte, 2001. "Le système bancaire britannique : spécificité et mutations," Revue d'Économie Financière, Programme National Persée, vol. 61(1), pages 63-74.
    3. Jean-Daniel Guigou & Laurent Vilanova, 1999. "Les vertus du financement bancaire: fondements et limites," Revue Finance Contrôle Stratégie, revues.org, vol. 2(2), pages 97-133, June.
    4. Liang, Qi & Lu, Yanchen & Li, Zheng, 2020. "Business connectedness or market risk? Evidence from financial institutions in China," China Economic Review, Elsevier, vol. 62(C).
    5. Mervyn K. Lewis, 2014. "A theoretical perspective on Islamic banking and financial intermediation," Chapters, in: Mervyn K. Lewis & Mohamed Ariff & Shamsher Mohamad (ed.), Risk and Regulation of Islamic Banking, chapter 2, pages 11-42, Edward Elgar Publishing.
    6. Noemi Levy-Orlik, 2012. "Financial Market Organizations, Central Banks and Credits: The Experience of Developing Economies," Chapters, in: Louis-Philippe Rochon & Salewa ‘Yinka Olawoye (ed.), Monetary Policy and Central Banking, chapter 5, Edward Elgar Publishing.
    7. Studart, Rogério, 2005. "The State, the markets and development financing," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    8. Eric Nicolas, 1999. "Innovations technologiques et spécificités bancaires," Revue d'Économie Financière, Programme National Persée, vol. 55(5), pages 177-207.
    9. Christine Lagoutte, 2004. "Le paradoxe des banques britanniques," Revue d'Économie Financière, Programme National Persée, vol. 77(4), pages 329-353.

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