Competition and Finance - A Reinterpretation of Financial and Monetary Economics (Paperback)

Competition and Finance offers a new, unified treatment of the fields of financial and monetary economics. The first part deals with financial economics and begins by providing a coherent and up-to-date analysis of contract design and capital structure. It integrates recent developments in agency theory, information economics and related fields into a unified financial theory of the firm. It then turns to financial intermediation, and explains why financial intermediaries exist and take the forms they do. The simpler forms of financial intermediary - brokers and mutual funds - are then covered in one chapter each. These are followed by three chapters that set out a new treatment of the economics of banking. These provide an up-to-date theory of the banking firm, but they also cover a variety of other banking issues - including, among others, the structure of the banking industry, a new analysis of free banking, a review of recent theoretical work on banking stability, and an assessment of the need for central banking.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	September 1996
First published:	1996
Authors:	Kevin Dowd
Dimensions:	235 x 155 x 42mm (L x W x T)
Format:	Paperback
Pages:	572
ISBN-13:	978-0-333-61373-3
Categories:	Books > Business & Economics > Economics > Macroeconomics > Monetary economics Books > Business & Economics > Finance & accounting > Finance > General Books > Money & Finance > General
LSN:	0-333-61373-2
Barcode:	9780333613733

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!