The Structure and Regulation of Financial Markets,Used

The Structure and Regulation of Financial Markets,Used

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This lucid text brings together and explains the main theoretical developments in economic thinking about financial markets, institutions, and regulations over the last twentyfive years. It relates the theory of asymmetric information to the main financial developments in the US, UK, and other AngloSaxon 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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We provide a 2-year limited warranty, from the date of purchase for all our products.

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Frequently Asked Questions

  • Q: What is the main focus of 'The Structure and Regulation of Financial Markets'? A: The book focuses on explaining the key theoretical developments in economic thinking about financial markets, institutions, and regulations over the past twenty-five years.
  • Q: Who is the author of this book? A: The author of 'The Structure and Regulation of Financial Markets' is Peter D. Spencer.
  • Q: When was this book published? A: The book was published on December 14, 2000.
  • Q: What topics are covered in the book? A: The book covers topics such as asymmetric information, financial intermediaries, bank credit rationing, bank failure, systemic risk, and the regulation of financial markets.
  • Q: What is the binding type of this book? A: This book is available in hardcover binding.
  • Q: How many pages does the book have? A: The book contains 280 pages.
  • Q: Is this book suitable for beginners in finance? A: The book presents complex theories and may be more suitable for readers with some background in economics or finance.
  • Q: Does the book provide practical examples of financial regulations? A: Yes, the book relates theoretical concepts to practical developments in financial regulations, particularly in the US, UK, and other Anglo-Saxon countries.
  • Q: Can this book help understand the role of banks in financial markets? A: Yes, it discusses the role of financial intermediaries like banks and their impact on financial market efficiency.
  • Q: Is this book a first edition? A: Yes, this book is a first edition.