Modern financial systems : theory and application /

Neave, Edwin H.

Modern financial systems : theory and application / Edwin H. Neave. - New Jersey : John Wiley and Sons, 2009. - ix, 558 p.: ill. 24 cm.

Includes index

Theoretical overview -- Financial system functions -- Financial system governance -- Financial system organization and change -- Market versus nonmarket governance -- Market governance -- Intermediation and internal governance -- Terms of deals -- Asset prices and market relations -- Pricing stocks and bonds -- Pricing derivatives by arbitrage -- Markets with impediments to arbitrage -- Applications: market activity -- Securities, bond and mortgage markets -- Markets for trading risks -- Exchange rates and markets -- Applications: pooled investments -- Marketable securities portfolios -- Nonmarketable securities portfolios -- Applications: intermediation -- Principles of intermediation -- Management practice: domestic institutions -- International banking and banking markets -- Industry organization and regulation -- Banking market structure: models and empirical research -- Bank runs and systemic risk -- Financial activity and capital formation -- Financial regulation.

* A comprehensive treatment of the principal elements of modern financial systems. * Identifies the economic forces at work within financial systems, and explains how those forces determine system organization and change


English

978-0-470-41973-1


Finance
Finance institution

332 N27