Why Are There So Many Banking Crises?: The Politics and Policy of Bank Regulation
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Princeton, N.J.
Princeton University Press
2008
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Schlagworte: | |
Online-Zugang: | FAB01 FAW01 FCO01 FHA01 FKE01 FLA01 UBG01 UPA01 Volltext Volltext Inhaltsverzeichnis |
Beschreibung: | Main description: 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. Does deposit insurance encourage depositors and bankers to take excessive risks? Are banking regulations poorly designed? Or are banking regulators incompetent? Jean-Charles Rochet, one of the world's leading authorities on banking regulation, argues that the answer in each case is "no." In Why Are There So Many Banking Crises?, he 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. If, for example, political authorities are allowed to pressure banking regulators into bailing out banks that should be allowed to fail, then regulation will lack credibility and market discipline won't work. Only by insuring the independence of banking regulators, Rochet says, can market forces work and banking crises be prevented and minimized. In this important collection of essays, Rochet examines the causes of banking crises around the world in recent decades, focusing on the lender of last resort; prudential regulation and the management of risk; and solvency regulations. 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 |
Beschreibung: | 1 Online-Ressource (320 S.) |
ISBN: | 9781400828319 |
DOI: | 10.1515/9781400828319 |
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Datensatz im Suchindex
_version_ | 1804153275102003200 |
---|---|
adam_text | CO N TEN TS
ABSTRACT V
CONTENTS XI
PUBLICATIONS XV
NOMENCLATURE XVUE
SYMBOLS AND UNITS XIX
1 INTRODUCTION 1
2 RELATED WORK AND THEORY 7
2.1 CURRENT STATE OF FLUORESCENCE IN SURGERY 7
2.1.1 FLUORESCENCE GUIDED SURGERY 7
2.1.2 MOLECULAR TARGETING APPROACHES 12
2.1.3 CLINICAL ADVANTAGES OF MULTISPECTRAL FLUORESCENCE
IMAGING 13
2.2 RELATED WORK 15
2.2.1 COMBINING COLOR AND FLUORESCENCE IMAGING 16
2.2.2 MULTISPECTRAL IMAGING IN MEDICINE 19
2.2.3 LIMITATIONS OF CURRENT TECHNOLOGIES 31
2.3 RELEVANCE OF THE FIELD 33
2.4 THEORY OF COLOR VISION AND IMAGING 33
2.5 THEORY OF FLUORESCENCE IMAGING 36
3 DESIGN REQUIREMENTS AND TECHNOLOGY CONSIDER
ATIONS 41
3.1 DESIGN REQUIREMENTS 41
3.1.1 FLUORESCENCE IMAGING 41
3.1.2 COLOR IMAGING 46
3.1.3 FRAMERATE AND DELAY 47
3.1.4 CLINICAL REQUIREMENTS 49
3.1.5 OPTICAL REQUIREMENTS 50
3.1.6 SUMMARY OF THE DESIGN REQUIREMENTS 51
3.2 TECHNOLOGY CONSIDERATIONS: MULTISPECTRAL IMAGING AP
PROACHES 52
3.2.1 SPECTRAL EMISSION SCANNING 53
3.2.2 SPATIAL SCANNING 54
3.2.3 SNAPSHOT HYPERSPECTRAL IMAGING 55
3.2.4 EXCITATION SCANNING WITH MONOCHROME SENSORS 56
3.2.5 COLOR SENSORS 57
3.3 TECHNOLOGY SELECTION 58
4 SYSTEM DESIGN AND REALIZATION 6 L
4.1 SYSTEM CONCEPT 61
4.1.1 SPECTRAL MULTIPLEXING CONCEPT 62
4.1.2 SPECTRAL AND TEMPORAL MULTIPLEXING 67
4.1.3 IMAGE PROCESSING 70
4.1.4 CONCEPT LIMITATIONS 74
4.1.5 SUMMARY 74
4.2 TECHNICAL REALIZATION 76
4.2.1 SENSOR SELECTION 76
4.2.2 FILTER SELECTION 79
4.2.3 LENS SELECTION 82
4.2.4 OPTOMECHANICAL SYSTEM 84
4.2.5 ILLUMINATION LIGHT SOURCE 85
5
SYSTEM CHARACTERIZATION
89
5.1 SYSTEM SENSITIVITY 89
5.1.1 SPECTRAL QUANTUM EFFICIENCY 90
5.1.2 FLUORESCENCE DETECTION EFFICIENCY 93
5.2 COLOR CORRECTION 98
5.2.1 COLOR IMAGE CORRECTION BY LUTHER CRITERION 99
5.2.2 COLOR IMAGING QUALITY WITH MUNSELL COLORS 103
5.2.3 COLOR CORRECTION FOR VARIABLE ILLUMINATION 111
5.3 FLUORESCENCE IMAGING 116
5.3.1 FLUORESCENCE IMAGING AND UNMIXING 116
5.3.2 FLUORESCENCE UNMIXING WITH A SINGLE SENSOR SYS
TEMS 121
5.4 OPTICAL PERFORMANCE ANALYSIS 127
5.4.1 FIELD OF VIEW AND VIGNETTING 127
5.4.2 SPATIAL RESOLUTION AND MODULATION TRANSFER FUNC
TION 131
5.4.3 WORKING DISTANCE 133
5.4.4 NUMERICAL APERTURE 134
6
NOISE MODEL AND UNMIXING ARTIFACT DIAGNOSTICS
137
6.1 PROPAGATION OF NOISE IN UNMIXING 137
6.2 SINGLE FRAME NOISE ESTIMATION 140
6.3 UNMIXING ARTIFACT DIAGNOSTICS 145
7 SYSTEM OPTIMIZATION I53
7.1 THE OPTIMAL DYE COMBINATION 153
7.2 FINDING THE OPTIMAL FILTER CONFIGURATION 161
8
DISCUSSION, OUTLOOK AND CONCLUSION
165
8.1 DESIGN REQUIREMENTS AND SYSTEM PERFORMANCE 166
8.2 LIMITATIONS AND POSSIBLE IMPROVEMENTS 170
8.2.1 SYSTEM EFFICIENCY 171
8.2.2 UNMIXING PERFORMANCE 172
8.2.3 FLICKERING AND AMBIENT LIGHT 173
8.2.4 CLINICAL USABILITY 174
8.3 IDEAL DEVICE AND TECHNICAL LIMITATIONS 175
8.4 RELATED WORK 178
8.4.1 CLINICAL FLUORESCENCE IMAGING DEVICES 178
8.4.2 MULTISPECTRAL IMAGE ACQUISITION 180
8.5 OUTLOOK 184
8.6 CONCLUSION 187
A APPENDIX
191
A.I
MATHEMATICAL FORMULATION OF MULTISPECTRAL IMAGE P:
CESSING 191
A
. 1.1
FLUORESCENCE DETECTION AND UNMIXING
191
A
. 1.2
FITTING SPECTRAL SIGNATURES
193
A
. 1.3
IMAGING NOISE
194
A
. 1.4
UNMIXING IN SUBSPACES
197
A
.2
SPECTRAL SIGNATURES OF DYES
199
A.3
DYE LIST
202
BIBLIOGRAPHY
207
ACKNOWLEDGEMENTS 23 1
|
any_adam_object | 1 |
author | Rochet, Jean-Charles |
author_facet | Rochet, Jean-Charles |
author_role | aut |
author_sort | Rochet, Jean-Charles |
author_variant | j c r jcr |
building | Verbundindex |
bvnumber | BV042522414 |
collection | ZDB-23-DGG |
ctrlnum | (OCoLC)1165542242 (DE-599)BVBBV042522414 |
doi_str_mv | 10.1515/9781400828319 |
format | Electronic eBook |
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institution | BVB |
isbn | 9781400828319 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027956753 |
oclc_num | 1165542242 |
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publisher | Princeton University Press |
record_format | marc |
spelling | Rochet, Jean-Charles Verfasser aut Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation Princeton, N.J. Princeton University Press 2008 1 Online-Ressource (320 S.) txt rdacontent c rdamedia cr rdacarrier Main description: 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. Does deposit insurance encourage depositors and bankers to take excessive risks? Are banking regulations poorly designed? Or are banking regulators incompetent? Jean-Charles Rochet, one of the world's leading authorities on banking regulation, argues that the answer in each case is "no." In Why Are There So Many Banking Crises?, he 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. If, for example, political authorities are allowed to pressure banking regulators into bailing out banks that should be allowed to fail, then regulation will lack credibility and market discipline won't work. Only by insuring the independence of banking regulators, Rochet says, can market forces work and banking crises be prevented and minimized. In this important collection of essays, Rochet examines the causes of banking crises around the world in recent decades, focusing on the lender of last resort; prudential regulation and the management of risk; and solvency regulations. 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 Bankenaufsicht (DE-588)4004450-6 gnd rswk-swf Bankenkrise (DE-588)4209657-1 gnd rswk-swf 1\p (DE-588)4143413-4 Aufsatzsammlung gnd-content Bankenkrise (DE-588)4209657-1 s Bankenaufsicht (DE-588)4004450-6 s 2\p DE-604 https://doi.org/10.1515/9781400828319 Verlag Volltext http://www.degruyter.com/search?f_0=isbnissn&q_0=9781400828319&searchTitles=true Verlag Volltext DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027956753&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Rochet, Jean-Charles Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation Bankenaufsicht (DE-588)4004450-6 gnd Bankenkrise (DE-588)4209657-1 gnd |
subject_GND | (DE-588)4004450-6 (DE-588)4209657-1 (DE-588)4143413-4 |
title | Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation |
title_auth | Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation |
title_exact_search | Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation |
title_full | Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation |
title_fullStr | Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation |
title_full_unstemmed | Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation |
title_short | Why Are There So Many Banking Crises? |
title_sort | why are there so many banking crises the politics and policy of bank regulation |
title_sub | The Politics and Policy of Bank Regulation |
topic | Bankenaufsicht (DE-588)4004450-6 gnd Bankenkrise (DE-588)4209657-1 gnd |
topic_facet | Bankenaufsicht Bankenkrise Aufsatzsammlung |
url | https://doi.org/10.1515/9781400828319 http://www.degruyter.com/search?f_0=isbnissn&q_0=9781400828319&searchTitles=true http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027956753&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT rochetjeancharles whyaretheresomanybankingcrisesthepoliticsandpolicyofbankregulation |