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Comparing Financial Systems
Comparing Financial Systems
Author: Franklin Allen, Douglas Gale
Financial systems are crucial to the allocation of resources in a modern economy. They channel household savings to the corporate sector and allocate investment funds among firms; they allow intertemporal smoothing of consumption by households and expenditures by firms; and they enable households and firms to share risks. These functions are com...  more »
ISBN-13: 9780262511254
ISBN-10: 0262511258
Publication Date: 3/1/2001
Pages: 519
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Publisher: The MIT Press
Book Type: Paperback
Other Versions: Hardcover
Members Wishing: 0
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