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Year 2014, Volume: 3 Issue: 1, 0 - 0, 01.05.2014

Abstract

References

  • Mishkin S., Frederic, 2013: The Economics of Money, Banking, and Financial Markets, Pearson Press, page 227-354
  • DiCecio, Richard and Charles Gascon, New Monetary Policy Tools, Monetary Trends 10 ( 2008), Web. 4 June 2010
  • Krugman, Paul. The Pattern of Depression Economics and The Crisis of 2008. New York: W.W. Norton Company, 2009
  • Shiller, Robet J. The Suprime Solution: How Today’s Global Financial Crisis Happened, and What to do about it. Princeton: Princeton University Press, 2008
  • Freixas, Xavier, and Jean-Charles Rochet. Microeconomics of banking. Vol. 2. Cambridge, MA: MIT press, 1997.
  • Brunnermeier, Markus K. Deciphering the liquidity and credit crunch 2007-08. No. w14612. National Bureau of Economic Research, 2008.
  • Stern, Gary H., and Ron J. Feldman. Too big to fail: The hazards of bank bailouts. Brookings Institution Press, 2004.
  • Mishkin, Frederic S., Gary Stern, and Ron Feldman. "How Big a Problem Is Too Big to Fail? A Review of Gary Stern and Ron Feldman's" Too Big to Fail: The Hazards of Bank Bailouts"." Journal of Economic Literature (2006): 988-1004.

THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR

Year 2014, Volume: 3 Issue: 1, 0 - 0, 01.05.2014

Abstract

In this paper, we mainly focus on the theoretical approach towards the banking management in US economy and compare the real economy macro-prudential with the US banking sector’s indicators during the pre-crisis and post-crisis by analyzing historical and fundamental data. We argue that, unlike the theoretical approach and teaching of economics discipline, the banking performance and its reflections into the US economy has followed different and unpredictable path. In other words, we state that many real side economy indicators which include different sorts of dynamics and perspective about the US economy contradicts the theoretical approach of economics teaching. Moreover, even if the regulators in US, especially FED, have taken offensive and aggressive policies for the banking sector, its soundness and effectiveness are questionable because of the fact that the transmission mechanism and profitable and confidential economic environment have not been activated. Therefore, the more unconventional and authentic policy recommendations should be taken into consideration in order to overcome complex and intricate financial environment problems.

References

  • Mishkin S., Frederic, 2013: The Economics of Money, Banking, and Financial Markets, Pearson Press, page 227-354
  • DiCecio, Richard and Charles Gascon, New Monetary Policy Tools, Monetary Trends 10 ( 2008), Web. 4 June 2010
  • Krugman, Paul. The Pattern of Depression Economics and The Crisis of 2008. New York: W.W. Norton Company, 2009
  • Shiller, Robet J. The Suprime Solution: How Today’s Global Financial Crisis Happened, and What to do about it. Princeton: Princeton University Press, 2008
  • Freixas, Xavier, and Jean-Charles Rochet. Microeconomics of banking. Vol. 2. Cambridge, MA: MIT press, 1997.
  • Brunnermeier, Markus K. Deciphering the liquidity and credit crunch 2007-08. No. w14612. National Bureau of Economic Research, 2008.
  • Stern, Gary H., and Ron J. Feldman. Too big to fail: The hazards of bank bailouts. Brookings Institution Press, 2004.
  • Mishkin, Frederic S., Gary Stern, and Ron Feldman. "How Big a Problem Is Too Big to Fail? A Review of Gary Stern and Ron Feldman's" Too Big to Fail: The Hazards of Bank Bailouts"." Journal of Economic Literature (2006): 988-1004.
There are 8 citations in total.

Details

Other ID JA47KR72AZ
Journal Section Research Article
Authors

Yavuz Selim Elmas

Publication Date May 1, 2014
Published in Issue Year 2014 Volume: 3 Issue: 1

Cite

APA Elmas, Y. S. (2014). THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR. International Journal of Social Science Research, 3(1).
AMA Elmas YS. THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR. IJSSR. May 2014;3(1).
Chicago Elmas, Yavuz Selim. “THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR”. International Journal of Social Science Research 3, no. 1 (May 2014).
EndNote Elmas YS (May 1, 2014) THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR. International Journal of Social Science Research 3 1
IEEE Y. S. Elmas, “THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR”, IJSSR, vol. 3, no. 1, 2014.
ISNAD Elmas, Yavuz Selim. “THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR”. International Journal of Social Science Research 3/1 (May 2014).
JAMA Elmas YS. THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR. IJSSR. 2014;3.
MLA Elmas, Yavuz Selim. “THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR”. International Journal of Social Science Research, vol. 3, no. 1, 2014.
Vancouver Elmas YS. THE DICHOTOMY BETWEEN THE THEORETICAL APPROACH AND THE INDICATORS OF THE US BANKING SECTOR. IJSSR. 2014;3(1).