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Hardcover Finance and Financial Intermediation: A Modern Treatment of Money, Credit, and Banking Book
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ISBN: 0190941693

ISBN13: 9780190941697

Finance and Financial Intermediation: A Modern Treatment of Money, Credit, and Banking

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The financial system is a densely interconnected network of financial intermediaries, facilitators, and markets that serves three major purposes: allocating capital, sharing risks, and facilitating intertemporal trade. Asset prices are an important mechanism in each of these phenomena. Capital allocation, whether through loans or other forms of investment, can vary both across sectors-at the broadest, manufactures, agriculture, and services-and within...

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Format: Hardcover

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