{"product_id":"financial-markets-liberalisation-and-the-role-of-banks-hardback-9780521419826","title":"Financial Markets Liberalisation and the Role of Banks (Hardback) 9780521419826","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFinancial Markets Liberalisation and the Role of Banks\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eAnalyses the trend towards liberalisation of financial markets.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eVittorio Conti (Edited by), Rony Hamaui (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521419826, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 4 February 1993\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e400 pages, 22 b\/w illus.  84 tables\u003cbr\u003e22.9 x 15.2 x 2.5 cm, 0.76 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eFollowing years of control and regulation, there has been a massive trend towards the liberalisation of financial markets. This volume provides an analysis of this process and considers likely future developments. It is divided into three parts: the first covers the behaviour of households and firms; the second includes papers on stock, bond and currency markets; and the third part analyses the behaviour and performance of financial intermediaries, particularly banks. The topics examined range from the demand for personal and corporate credit and the allocation of savers' wealth, to innovations in securities and services traded in financial markets, and their regulation. The essays represent a blend of both theoretical and empirical work, the latter focusing in particular on Europe and the recent integration of financial markets on the continent. Discussions of the essays are provided by some of the world's leading financial economists.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eList of figures\u003cbr\u003e List of tables\u003cbr\u003e Preface Sergio Siglienti\u003cbr\u003e Acknowledgements\u003cbr\u003e Notes on contributors\u003cbr\u003e Introduction Vittorio Conti and Rony Hamaui\u003cbr\u003e Part I. Households and Firms\u003cbr\u003e Section 1. The Evolution and Allocation of Financial Wealth: 1. Marketable and non-marketable assets in households' portfolios: a cross-country comparison Claudio Giraldi, Rony Hamaui and Nicola Rossi\u003cbr\u003e 2. Credit, money and consumption: time-series evidence for Italy Orazio P. Attanasio and Guglielmo Weber\u003cbr\u003e Discussion Luigi Spaventa\u003cbr\u003e Section 2. Financial Choices of Industrial Firms: The Italian Case: 3. Empirical determinants of corporate debt decisions: some evidence for Italy Leo Bonato, Riccardo Faini and Marco Ratti\u003cbr\u003e Discussion Pippo Ranci\u003cbr\u003e Part II. Financial Markets\u003cbr\u003e Section 3. The Exchange Rate Market: 4. Financial liberalisation and exchange rate volatility Vittorio Grilli and Nouriel Roubini\u003cbr\u003e 5. Capital mobility, vehicle currencies and exchange rate asymmetries in the EMS Vittorio Grilli and Nouriel Roubini\u003cbr\u003e Discussion Rudiger Dornbusch\u003cbr\u003e Section 4. The Equity Market: 6. Shifting gears: an economic evaluation of the reform of the Paris Bourse Marco Pagano and Ailsa Röell\u003cbr\u003e 7. Front running and stock market liquidity Marco Pagano and Ailsa Röell\u003cbr\u003e 8. Auction markets, dealership markets and execution risk Marco Pagano and Ailsa Röell\u003cbr\u003e Discussion Robert J. Schiller\u003cbr\u003e Section 5. The Bond Market: 9. The impact of a new futures contract on risk premia in the term structure: an APT analysis for French government bonds Alessandro Citanna and Riccardo Rovelli\u003cbr\u003e Part III. Banks\u003cbr\u003e Section 6. Issues in Asset Management: 10. The role of banks as investors in securities: theoretical and empirical features in an international perspective Umberto Cherubini, Massimo Ciampolini and Gregorio de Felice\u003cbr\u003e 11. Loan sales and balance sheet assets Paolo Fulghieri\u003cbr\u003e Discussion Mervyn King\u003cbr\u003e Section 7. The Liability Side: 12. A comparative analysis of the liabilities structure in seven banking systems Mauro Maccarinelli, Giuseppe Marotta and Massimo Prosdocimi\u003cbr\u003e 13. Deposit insurance: implications from financial intermediation theory Angelo Baglioni and Giuseppe Marotta\u003cbr\u003e Discussion Mario Monti\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Monetary economics [\u003ca title=\"See our other books on Monetary economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Monetary%20economics%20%5BKCBM%5D%22\"\u003eKCBM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46007268966680,"sku":"9780521419826","price":85.49,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521419826i_560f45fb-39d1-416a-a57f-cc90d10a82da.jpg?v=1691381427","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/financial-markets-liberalisation-and-the-role-of-banks-hardback-9780521419826","provider":"Freshly Printed Books","version":"1.0","type":"link"}