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Contemporary Financial Intermediation

by Stuart I. Greenbaum, Anjan Thakor

ISBN-10: 9780030470936
ISBN-10: 0-03-047093-5
ISBN-13: 9780030470936
ISBN-13: 978-0-03-047093-6
Hardcover
1994-10
Dryden Press


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Reviews


Excellent mix of theory and applied work.
This book is the perfect liasion between the microeconomics realm of information economics and the real world of banking and financial intermediation. It supplies a healthy dose of microeconomic theory to fully understand the underlying features of the most common financial instruments used in modern banking practice, all explained thoroughly with down to earth narratives and doable math/game theoretic instruments. It makes a wonderful preview before going on with Freixas text, or at least as its companion.


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