Financial Markets, Asymmetric Information and Macroeconomic Equilibrium - Rilegato

Mattesini, Fabrizio

Rilegato

ISBN 10: 1855211777 ISBN 13: 9781855211773

Casa editrice: Dartmouth Pub Co, 1993

Riassunto

The study of the interaction between the financial sector and the sector of the economy is one of the most recent advances in macroeconomic theory. While mainstream economics assigns a passive role to the financial sector there is a growing body of literature which emphasizes the importance of financial intermediaries in explaining fluctuations and the determination of the process through which monetary policy impulses are transmitted to the rest of the economy. This literature has its origin in the models that rely on asymmetric information to explain imperfections in financial markts and in empirical evidence collected through various econometric techniques and through historical studies. This book surveys the relevant work ion the subject, evaluates the empirical evidence and the explanatory power of the theories proposed and furnishes new and empirical results.

Su questa edizione

• Editore: Dartmouth Pub Co
• Data di pubblicazione: 1993
• ISBN 10: 1855211777
• ISBN 13: 9781855211773
• Rilegatura: Copertina rigida
• Numero di pagine: 188