The structure and regulation of financial markets / Peter D. Spencer.
Material type:
TextPublication details: Oxford ; New York : Oxford University Press, 2000.Description: viii, 270 p. : ill. ; 24 cmISBN: - 0198776098
- 0198776101 (pbk.)
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Includes bibliographical references (p. [247]-256) and index.
Introduction : asymmetric information in financial markets -- Adverse selection and the market for retail financial services -- The structure and regulation of insurance markets -- Capital market microstructure and regulation -- Information revelation, transparency, and insider regulation -- Security research and regulation -- The equity market and managerial efficiency -- The theory of financial intermediation -- Convexity, excessive risk, and bank regulation -- Bank runs, systemic risk, and deposit insurance -- Bank regulation in practice -- Financial structure and regulation.