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Oxford University Press The Structure and Regulation of Financial Markets

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£92.10 £74.13 £78.05 £81.97 £85.89 £89.81 £93.73 25 April 2026 14 May 2026 02 June 2026 21 June 2026 11 July 2026

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Description

This lucid text brings together and explains the main theoretical developments in economic thinking about financial markets, institutions, and regulations over the last twenty-five years. It relates the theory of asymmetric information to the main financial developments in the US, UK, and other Anglo-Saxon countries. After a preliminary discussion of financial markets and their transparency, it looks at the role of financial intermediaries such as banks. It argues that these institutions can compete with efficient markets because they are confidential. The book goes on to discuss bank credit rationing, bank failure and systemic risk, and the way in which regulation can control these risks.

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Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
14 December 2000
Listed Since
15 February 2007

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