Contemporary Financial Intermediation
Author: Stuart I. Greenbaum, Anjan Thakor
List Price: $95.50
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ISBN: 0030470935
Publisher: International Thomson Publishing (November, 1997)
Sales Rank: 320,261
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 4 out of 5
Excellent mix of theory and applied work.
This book is the perfect liasion between the microeconomics realm of information economics and the real world of banking and financial intermediation. It supplies a healthy dose of microeconomic theory to fully understand the underlying features of the most common financial instruments used in modern banking practice, all explained thoroughly with down to earth narratives and doable math/game theoretic instruments. It makes a wonderful preview before going on with Freixas text, or at least as its companion.
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