WorldCat Identities

Rochet, Jean-Charles

Overview
Works: 196 works in 485 publications in 5 languages and 7,845 library holdings
Genres: History  Rules 
Roles: Author, Author of introduction, Thesis advisor, 958, Opponent, Editor, dgs, 956, Honoree, Redactor
Publication Timeline
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Most widely held works by Jean-Charles Rochet
Why are there so many banking crises? : the politics and policy of bank regulation by Jean-Charles Rochet( )

17 editions published in 2008 in English and held by 1,980 WorldCat member libraries worldwide

"Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises - and the massive financial and social damage they can cause - remain common throughout the world. In Why Are There So Many Banking Crises?, Jean-Charles Rochet makes the case that, although many banking crises are precipitated by financial deregulation and globalization, political interference often causes - and almost always exacerbates - banking crises. His proposals for reforms that could limit the frequency and severity of banking crises should interest a wide range of academic economists and those working for central and private banks and financial services authorities."--Jacket
When insurers go bust : an economic analysis of the role and design of prudential regulation by Guillaume Plantin( )

17 editions published between 2007 and 2016 in English and Undetermined and held by 1,776 WorldCat member libraries worldwide

"In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation should be replaced with mechanisms that replicate the governance of nonfinancial firms."--Jacket
Balancing the banks : global lessons from the financial crisis by M Dewatripont( )

22 editions published between 2010 and 2017 in English and Polish and held by 1,295 WorldCat member libraries worldwide

The financial crisis that began in 2007 in the US swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. This work draws critical lessons from the causes of the crisis and proposes important regulatory reforms
Microeconomics of banking by Xavier Freixas( )

45 editions published between 1997 and 2014 in English and Chinese and held by 1,294 WorldCat member libraries worldwide

"This second edition covers the recent dramatic developments in academic research on the microeconomics of banking, with a focus on four important topics: the theory of two-sided markets and its implications for the payment card industry; "nonprice competition" and its effect on the competition-stability tradeoff and the entry of new banks; the transmission of monetary policy and the effect on the functioning of the credit market of capital requirements for banks; and the theoretical foundations of banking regulation, which have been clarified, although recent developments in risk modeling have not yet led to a significant parallel development of economic modeling."--Jacket
Risk management in turbulent times by Gilles Beneplanc( )

15 editions published in 2011 in English and held by 325 WorldCat member libraries worldwide

The risk management models used by banks and insurance companies are designed for when financial markets behave smoothly and efficiently. However, large risks materialize very often, and financial markets periodically go through bubbles and crashes. This book provides a road map of the most popular models of risk management
Méthodes mathématiques de la finance by Gabrielle Demange( Book )

16 editions published between 1992 and 2005 in French and held by 225 WorldCat member libraries worldwide

Continuous-time models in corporate finance, banking, and insurance by Santiago Moreno( Book )

15 editions published between 2017 and 2018 in English and held by 170 WorldCat member libraries worldwide

" Continuous-Time Models in Corporate Finance synthesizes four decades of research to show how stochastic calculus can be used in corporate finance. Combining mathematical rigor with economic intuition, Santiago Moreno-Bromberg and Jean-Charles Rochet analyze corporate decisions such as dividend distribution, the issuance of securities, and capital structure and default. They pay particular attention to financial intermediaries, including banks and insurance companies. The authors begin by recalling the ways that option-pricing techniques can be employed for the pricing of corporate debt and equity. They then present the dynamic model of the trade-off between taxes and bankruptcy costs and derive implications for optimal capital structure. The core chapter introduces the workhorse liquidity-management model--where liquidity and risk management decisions are made in order to minimize the costs of external finance. This model is used to study corporate finance decisions and specific features of banks and insurance companies. The book concludes by presenting the dynamic agency model, where financial frictions stem from the lack of interest alignment between a firm's manager and its financiers. The appendix contains an overview of the main mathematical tools used throughout the book. Requiring some familiarity with stochastic calculus methods, Continuous-Time Models in Corporate Finance will be useful for students, researchers, and professionals who want to develop dynamic models of firms' financial decisions. "--
Microéconomie de l'assurance by Dominique Henriet( Book )

4 editions published in 1991 in French and held by 87 WorldCat member libraries worldwide

Le risque de crédit des modèles au pilotage de la banque by Vivien Brunel( Book )

1 edition published in 2014 in French and held by 51 WorldCat member libraries worldwide

Coordination failures and the lender of last resort : was Bagehot right after all? by Jean-Charles Rochet( Book )

14 editions published between 2002 and 2003 in English and held by 44 WorldCat member libraries worldwide

Economía bancaria by Xavier Freixas( Book )

7 editions published between 1997 and 1999 in Spanish and held by 43 WorldCat member libraries worldwide

Recoge: ¿Por qué existen los intermediarios financieros?; El enfoque de la banca basado en la organización industrial; La relación entre el prestamista y el prestatario; Equilibrio y racionamiento en el mercado de crédito; La retirada masiva de depósitos de un banco y el riesgo sistemático
Efficient pricing of large value interbank payment systems by Cornelia Holthausen( Book )

10 editions published between 2002 and 2003 in English and held by 37 WorldCat member libraries worldwide

Systemic risk, interbank relations and liquidity provision by the Central Bank by Xavier Freixas( Book )

17 editions published between 1999 and 2000 in English and held by 36 WorldCat member libraries worldwide

Prudential policy by Jean-Charles Rochet( Book )

6 editions published in 2005 in English and held by 27 WorldCat member libraries worldwide

Cooperation among competitors : the economics of credit card associations by Jean-Charles Rochet( Book )

7 editions published in 1999 in English and held by 26 WorldCat member libraries worldwide

The lender of last resort : a 21st century approach by Xavier Freixas( Book )

8 editions published in 2003 in English and held by 24 WorldCat member libraries worldwide

Aggregate investment externalities and macroprudential regulation by Hans Gersbach( Book )

8 editions published in 2012 in English and held by 17 WorldCat member libraries worldwide

Evidence suggests that banks tend to lend a lot during booms, and very little during recessions. We propose a simple explanation for this phenomenon. We show that, instead of dampening productivity shocks, the banking sector tends to exacerbate them, leading to excessive fluctuations of credit, output and asset prices. Our explanation relies on three ingredients that are characteristic of modern banks' activities. The first ingredient is moral hazard: banks are supposed to monitor the small and medium sized enterprises that borrow from them, but they may shirk on their monitoring activities, unless they are given sufficient informational rents. These rents limit the amount that investors are ready to lend them, to a multiple of the banks' own capital. The second ingredient is the banks' high exposure to aggregate shocks: banks' assets have positively correlated returns. Finally the third ingredient is the ease with which modern banks can reallocate capital between different lines of business. At the competitive equilibrium, banks offer privately optimal contracts to their investors but these contracts are not socially optimal: banks' decisions of reallocating capital react too strongly to aggregate shocks. This is because banks do not internalize the impact of their decisions on asset prices. This generates excessive fluctuations of credit, output and asset prices. We examine the efficacy of several possible policy responses to these properties of credit markets, and show that it can provide a rationale for macroprudential regulation
Incorporating a "public good factor" into the pricing of large-value payment systems by Cornelia Holthausen( Book )

4 editions published in 2005 in English and held by 17 WorldCat member libraries worldwide

Liquidity risk and corporate demand for hedging and insurance by Jean-Charles Rochet( Book )

6 editions published in 2004 in English and held by 15 WorldCat member libraries worldwide

Platform competition in two-sided markets by Jean-Charles Rochet( Book )

4 editions published in 2002 in English and held by 14 WorldCat member libraries worldwide

 
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Microeconomics of banking
Covers
When insurers go bust : an economic analysis of the role and design of prudential regulationBalancing the banks : global lessons from the financial crisisMicroeconomics of bankingRisk management in turbulent timesEconomía bancaria
Alternative Names
Jean-Charles Rochet economist (Universität Zürich; Swiss Finance Institute; Toulouse School of Economics (TSE))

Rochet J.-C.

Rochet, J.-C. 1957-

Rochet, Jean Charles 1957-

Жан-Шарль Роше

Languages
English (212)

French (21)

Spanish (7)

Chinese (1)

Polish (1)