Finance and Financial Intermediation - Cole, Harold L
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The financial system is a densely interconnected network of financial intermediaries, facilitators, and markets that serves three major purposes: allocating capital, sharing risks, and facilitating intertemporal trade. Finance and Financial Intermediation provides a broad overview of the financial system and assets pricing, covering history, institutional detail, and theory. It also examines soverign debt crises and their forms through analysis of cases likethe Great Recession of the 2000s.

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Produktbeschreibung
The financial system is a densely interconnected network of financial intermediaries, facilitators, and markets that serves three major purposes: allocating capital, sharing risks, and facilitating intertemporal trade. Finance and Financial Intermediation provides a broad overview of the financial system and assets pricing, covering history, institutional detail, and theory. It also examines soverign debt crises and their forms through analysis of cases likethe Great Recession of the 2000s.
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Autorenporträt
Harold L. Cole is a Professor of Economics at the University of Pennsylvania and the Editor of the International Economic Review. He is a Fellow of the Econometric Society and the Society for the Advancement of Theory. He is a research associate of the NBER and a visiting scholar at the Federal Reserve Banks of Philadelphia