Chapter 1) Financial Development and Financial Crises: Lessons from the Early United States; Peter L Rousseau -- Chapter 2) Monetary Transmission and Regulatory Impacts: Empirical Evidence from the Post-Crisis Banking Literature; Jakovljević Sanja, Hans Degryse and Steven Ongena -- Chapter 3) Market Discipline, Public Disclosure and Financial Stability; Rhiannon Sowerbutts and Peter Zimmerman -- Chapter 4) Strategic Monetary and Fiscal Policy Interaction in a Liquidity Trap; Ali al-Nowaihi and Sanjit Dhami -- Chapter 5) Analyzing Bank Efficiency: Are “too-big-to-fail” Banks Efficient?; Hulusi Inanoglu, Michael Jacobs, Jr, Junrong Liu and Robin Sickles -- Chapter 6) Efficiency, Competition and the Shadow Price of Capital; Thomas Weyman-Jones -- Chapter 7) Model-Free Methods In Valuation And Hedging Of Derivative Securities; Mark H.A. Davis -- Chapter 8) The Private Information Price of Risk; Jerome Detemple and Marcel Rindisbacher -- Chapter 9) Evolutionary Behavioural Finance; Igor Evstigneev, Thorsten Hens, Klaus Reiner Schenk-Hoppé -- Chapter 10) Post-Crisis Macrofinancial Modelling: Continuous Time Approaches; Jukka Isohätälä, Nataliya Klimenko and Alistair Milne -- Chapter 11) Recent Results On Operator Techniques In The Description Of Macroscopic Systems; F. Bagarello.

Following the 2008 financial crisis many questioned the academic community’s role in predicting the events that had unfolded, impacting heavily on the public's perception of the role of finance in society. Prior to the crisis, very little research existed to model events as extreme as those which occurred during the crisis. There is now greater interest in extreme event modeling than at any other time in history and, in addition, many facets of mainstream finance have evolved since the crisis. This unique handbook brings together original research from leading practitioners and academics in the fields of banking, finance and financial history to explore key issues affecting financial modeling since the 2008 financial crisis. It offers theoretical, empirical, policy and practical insights into many of the key themes involved in the calibration of essential economic and financial variables that are used to model crises. The book begins by offering a historical context to the events, before moving on to discuss the role of central banks, governments, policy-making, the costs of bail-outs and the ‘too-big-to-fail’ controversy. The authors offer an analysis on the link between efficiency and bank safety, the role of ‘minimal assumptions’ in modeling and the private information price of risk (PIPR). They conclude by addressing the use of specific models and possible approaches to macroeconomic modeling for the future.