TY - BOOK AU - Neave, Edwin H. TI - Modern financial systems : : theory and application SN - 978-0-470-41973-1 AV - 332 N27 PY - 2009/// CY - New Jersey PB - John Wiley and Sons KW - Finance KW - Finance institution N1 - 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 N2 - * 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 ER -