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Financial intermediation is currently a subject of active research on both sides of the Atlantic. The integration of European financial markets, in particular, highlights several important issues. In this volume, derived from a joint CEPR conference with the Fundacion Banco Bilbao Vizcaya (BBV), leading academics from Europe and North America review 'state-of-the-art' theories of banking and financial intermediation and discuss their policy implications. The principal focus is on the risks of increased competition, the appropriate regulation of banks, and the differences between Anglo-American and Continental European forms of financial markets. Relationship banking, stock markets and banks, banking and corporate control, financial intermediation in Eastern Europe, monetary policy and the banking system, and financial intermediation and growth are also discussed.

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Book Details

ISBN: 9780521558532
ISBN-10: 0521558530
Format: Paperback
(228mm x 152mm x 21mm)
Pages: 380
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 29-Sep-1995
Country of Publication: United Kingdom

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