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Comparing Financial Systems
By Franklin Allen and Douglas Gale
Edition Description
The authors argue that the view that market-based systems are best is simplistic; a more nuanced approach is necessary. Financial systems are crucial to the allocation of resources in a modern economy. They channel household savings to the corporate sector and allocate...
Edition Details
Format:Paperback
Language:English
ISBN:0262511258
Format: Paperback
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Comparing Financial Systems
By Franklin Allen and Douglas Gale
Edition Description
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...
Edition Details
Format:Hardcover
Language:English
ISBN:0262011778
Format: Hardcover
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