Spencer, Peter D.

The structure and regulation of financial markets / Peter D. Spen cer. - Oxford ; New York : New York : Oxford University Press, 2000. - viii, 270 p. : ill. ; 24 cm.

Includes bibliographical references (p. [247]-256) and index.

Introduction : asymmetric information in financial markets -- Advers e selection and the market for retail financial services -- The structu re and regulation of insurance markets -- Capital market microstructure and regulation -- Information revelation, transparency, and insider re gulation -- Security research and regulation -- The equity market and m anagerial efficiency -- The theory of financial intermediation -- Conve xity, excessive risk, and bank regulation -- Bank runs, systemic risk, and deposit insurance -- Bank regulation in practice -- Financial struc ture and regulation.

0198776098 0198776101 (pbk.)

2001-270248


Financial institutions.--------
Finance.--------
Capital market.--------

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