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Titlebook: Competition and Finance; A Reinterpretation o Kevin Dowd Book 1996 Kevin Dowd 1996 financial policy.growth.monetary economics

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書(shū)目名稱Competition and Finance
副標(biāo)題A Reinterpretation o
編輯Kevin Dowd
視頻videohttp://file.papertrans.cn/232/231159/231159.mp4
圖書(shū)封面Titlebook: Competition and Finance; A Reinterpretation o Kevin Dowd Book 1996 Kevin Dowd 1996 financial policy.growth.monetary economics
描述Competition and Finance offers a new, unified treatment of the fields of financial and monetary economics. The first part integrates recent developments in agency theory and information economics into a unified financial theory of the firm. A review of recent developments in the economics of banking and then monetary economics leads to a conclusion assessing present-day systems of central banking and proposing financial and monetary reform.
出版日期Book 1996
關(guān)鍵詞financial policy; growth; monetary economics
版次1
doihttps://doi.org/10.1007/978-1-349-24856-8
isbn_softcover978-0-333-61373-3
isbn_ebook978-1-349-24856-8
copyrightKevin Dowd 1996
The information of publication is updating

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Recent Models of Banking Instability,ins risk-sharing arrangements and damages production. They also argued that this instability creates a need for government deposit insurance or a lender of last resort to provide emergency loans to banks. Later literature in the DD tradition develops these answers further and has been used to justif
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Commodity-basket Monetary Standards,lative price of the basket as a whole; the relative price of the basket will therefore be more stable, and so a system that pegs the nominal price of the basket should lead to a more stable price level than a monometallic or bimetallic system that pegs the nominal price of an individual metal. The s
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Financial and Monetary Reform,e key to its efficiency is very simple: . harmonises the disparate interests of different individuals, interests which we cannot assume to be naturally harmonious, and which, under alternative arrangements, could easily produce all sorts of undesirable outcomes. In the words of Adam Smith, a man wil
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