Handbook of European Financial Markets and Institutions

The development and integration of financial markets is at the forefront of academic and policy debates around the world. Nowhere is this more in evidence than in Europe where the integration of financial markets is a primary objective of the European Commission and fully supported by the European Central Bank. This book brings together leading economists from across the world to analyse the central issues in the development and integration of financial markets from a European perspective whilst highlighting their global relevance. Financial Markets and Institutions is a must-have reference for policymakers, financial market practitioners, and graduate students and academics with an interest in this increasingly important area. Each contribution is written in a rigorous but non-technical fashion, drawing on the latest theories and empirical evidence making them accessible to lay readers as well as academic specialists.

Xavier Freixas (Ph D. Toulouse 1978) is Professor at the Universitat Pompeu Fabra and Barcelona GSE (Spain) and Research Fellow at CEPR.


Dr. Philipp Hartmann is Head of the Financial Research Division in the Directorate General Research of the European Central Bank (ECB) in Frankfurt. His previous positions include that of Principal of the Economic and Financial Research Unit at the ECB and Research Fellow for Financial Regulation at the London School of Economics and Political Science. Philipp Hartmann is also a Fellow of the Centre for Economic Policy Research (CEPR, London) and the Vice-President of SUERF, the European Money and Finance Forum.

Colin Mayer is the Peter Moores Professor of Management Studies and former Dean of the Said Business School at the University of Oxford. He is an Honorary Fellow of Oriel College, Oxford and of St Anne's College, Oxford. He is an Ordinary Member of the Competition Appeal Tribunal and a Fellow of the European Corporate Governance Institute (ECGI). He has served on the editorial boards of several leading academic journals and assisted in establishing the prestigious networks of economics, law and finance academics in Europe at the Centre for Economic Policy Research (CEPR) and ECGI. He was a Harkness Fellow at Harvard University, a Houblon-Norman Fellow at the Bank of England, and the first Leo Goldschmidt Visiting Professor of Corporate Governance at the Solvay Business School, Universite de Bruxelles. He was a director of Oxera between 1986 and 2010 and was instrumental in building the firm into what is now one of the largest independent economics consultancies in the UK.