Recent Developments on Money and Finance: Exploring Links between Market Frictions, Financial Systems and Monetary Allocations (Studies in Economic Theory)

Grady, Dennis

ISBN 10: 3642066178 / ISBN 13: 9783642066177

Published by Springer, 2006

About this Item

280 pages. 9.25x6.10x0.64 inches. In Stock.

Seller Inventory # x-3642066178

Bibliographic Details

• Title: Recent Developments on Money and Finance: Exploring Links between Market Frictions, Financial Systems and Monetary Allocations (Studies in Economic Theory)
• Publisher: Springer
• Publication Date: 2006
• Language: English
• ISBN 10: 3642066178
• ISBN 13: 9783642066177
• Binding: Paperback
• Condition: Brand New
• Weight: 0.43 kilograms

About this title

Synopsis

This book assembles current theoretical contributions to monetary theory, banking and finance. The papers published in this collection span a wide variety of themes, from monetary policy to the optimal design of financial systems, from the study of the causes of financial crises to payment systems design. Thereby, the book serves as a useful reference to all researchers interested in the study of financial systems and monetary economics. The papers contribute to two strands of literature: A first group of papers focuses on topics related to the optimality of financial mechanisms, banking regulation, financial crises, financial fragility, and payment systems. A second group of papers is broadly concerned with the efficiency of the decentralized monetary solution in economies characterized by equilibrium heterogeneity.