Competition and Finance: A Reinterpretation of Financial and Monetary Economics

Competition and Finance: A Reinterpretation of Financial and Monetary Economics

by Kevin Dowd
     
 

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Booknews
Offers a new, unified treatment of the fields of financial and monetary economics. Begins by providing an analysis of contract design and capital structure, integrating recent developments in agency theory, information economics, and related fields into a unified financial theory of the firm. Goes on to explain why financial intermediaries exist and take the forms they do, covers brokers and mutual funds, and then sets out a new treatment of the economics of banking. A final chapter assesses present-day systems of central banking and flat currency, and offers proposals for financial and monetary reform. Annotation c. by Book News, Inc., Portland, Or.

Product Details

ISBN-13:
9780312162184
Publisher:
St. Martin's Press
Publication date:
10/01/1996
Pages:
580
Product dimensions:
6.41(w) x 9.49(h) x 1.96(d)

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