Author: Michael Cashman
Publisher:
ISBN:
Category :
Languages : en
Pages : 318
Book Description
The Growth and Changing Composition of Member Bank Assets, 1955-1966
Financial Intermediaries in the American Economy Since 1900
Author: Raymond William Goldsmith
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 464
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 464
Book Description
Finance and Growth
Author: Ross Levine
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 130
Book Description
"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 130
Book Description
"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
February 28; March 1, 2, 3, 4, 7, 8, and 9, 1966
Author: United States. Congress. House. Committee on Banking and Currency. Subcommittee on Housing
Publisher:
ISBN:
Category : City planning and redevelopment law
Languages : en
Pages : 604
Book Description
Publisher:
ISBN:
Category : City planning and redevelopment law
Languages : en
Pages : 604
Book Description
Annual Report of the Federal Deposit Insurance Corporation for the Year Ending ...
Author: Federal Deposit Insurance Corporation
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 422
Book Description
Beginning with 1981, merger decisions of the Corporation are published separately as vol. 2 of the Annual report.
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 422
Book Description
Beginning with 1981, merger decisions of the Corporation are published separately as vol. 2 of the Annual report.
New Basic Data for the Analysis of Savings, 1952-1966: Cities, SMSA's, and Country Areas
Author: George Khalil Kardouche
Publisher:
ISBN:
Category : Saving and investment
Languages : en
Pages : 84
Book Description
Publisher:
ISBN:
Category : Saving and investment
Languages : en
Pages : 84
Book Description
Market Liquidity
Author: Thierry Foucault
Publisher: Oxford University Press
ISBN: 0197542069
Category : Capital market
Languages : en
Pages : 531
Book Description
"The process by which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. This book offers a more accurate and authoritative take on this process. The book starts from the assumption that not everyone is present at all times simultaneously on the market, and that participants have quite diverse information about the security's fundamentals. As a result, the order flow is a complex mix of information and noise, and a consensus price only emerges gradually over time as the trading process evolves and the participants interpret the actions of other traders. Thus, a security's actual transaction price may deviate from its fundamental value, as it would be assessed by a fully informed set of investors. The book takes these deviations seriously, and explains why and how they emerge in the trading process and are eventually eliminated. The authors draw on a vast body of theoretical insights and empirical findings on security price formation that have come to form a well-defined field within financial economics known as "market microstructure." Focusing on liquidity and price discovery, the book analyzes the tension between the two, pointing out that when price-relevant information reaches the market through trading pressure rather than through a public announcement, liquidity may suffer. It also confronts many striking phenomena in securities markets and uses the analytical tools and empirical methods of market microstructure to understand them. These include issues such as why liquidity changes over time and differs across securities, why large trades move prices up or down, and why these price changes are subsequently reversed, and why we observe temporary deviations from asset fair values"--
Publisher: Oxford University Press
ISBN: 0197542069
Category : Capital market
Languages : en
Pages : 531
Book Description
"The process by which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical finance textbook. This book offers a more accurate and authoritative take on this process. The book starts from the assumption that not everyone is present at all times simultaneously on the market, and that participants have quite diverse information about the security's fundamentals. As a result, the order flow is a complex mix of information and noise, and a consensus price only emerges gradually over time as the trading process evolves and the participants interpret the actions of other traders. Thus, a security's actual transaction price may deviate from its fundamental value, as it would be assessed by a fully informed set of investors. The book takes these deviations seriously, and explains why and how they emerge in the trading process and are eventually eliminated. The authors draw on a vast body of theoretical insights and empirical findings on security price formation that have come to form a well-defined field within financial economics known as "market microstructure." Focusing on liquidity and price discovery, the book analyzes the tension between the two, pointing out that when price-relevant information reaches the market through trading pressure rather than through a public announcement, liquidity may suffer. It also confronts many striking phenomena in securities markets and uses the analytical tools and empirical methods of market microstructure to understand them. These include issues such as why liquidity changes over time and differs across securities, why large trades move prices up or down, and why these price changes are subsequently reversed, and why we observe temporary deviations from asset fair values"--
Tax Reform Act of 1969
Author: United States. Congress. Senate. Committee on Finance
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 1300
Book Description
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 1300
Book Description
Monetary Policy
Author: N. Gregory Mankiw
Publisher: University of Chicago Press
ISBN: 0226503100
Category : Business & Economics
Languages : en
Pages : 358
Book Description
In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism—the channel through which the central bank's actions affect spending on goods and services—with a special focus on the reduction in bank lending that must accompany a reduction in reserves. This new research will be of special interest to central bankers and academic economists.
Publisher: University of Chicago Press
ISBN: 0226503100
Category : Business & Economics
Languages : en
Pages : 358
Book Description
In Monetary Policy, leading monetary economists discuss applied aspects of monetary policy and offer practical new research on the timing, magnitude, and channels of central banking actions. Some of the papers in this volume evaluate a variety of policy rules based on monetary aggregates, nominal income, commodity prices, and other economic variables. Others analyze price behavior and inflation, particularly the short-run behavior of prices. Still others examine the monetary transmission mechanism—the channel through which the central bank's actions affect spending on goods and services—with a special focus on the reduction in bank lending that must accompany a reduction in reserves. This new research will be of special interest to central bankers and academic economists.
The Growth and Role of UK Financial Institutions, 1880-1966
Author: D.K. Sheppard
Publisher: Routledge
ISBN: 1136610235
Category : Business & Economics
Languages : en
Pages : 233
Book Description
First published in 1971, this monetary theory text looks at the United Kingdom's financial institutions and financial statistics as published by the Bank of England or by Government agencies from 1880-1962.
Publisher: Routledge
ISBN: 1136610235
Category : Business & Economics
Languages : en
Pages : 233
Book Description
First published in 1971, this monetary theory text looks at the United Kingdom's financial institutions and financial statistics as published by the Bank of England or by Government agencies from 1880-1962.