This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of...

Market Fragmentation and Market Quality: The European Experience -- Pre-trade Transparency and the Information Content of the Limit Order Book -- Trading Mechanisms in Financial Markets: A Comparison Between Auction and Dealership Markets -- News Trader, Liquidity and Transaction Cost -- What...

Since 2008, financial firms have paid, in aggregate, in excess of $320 billion in fines related to misconduct. Nearly ten years later, while many large financial firms have increased their attention to bad behavior and cultural drivers, the degree of commitment and progress in these efforts has...

Gernot Hinterleitner und Philipp Hornung verbinden über ein wirtschaftswissenschaftliches Experiment zwei Gebiete der Finanzmarktforschung. Zuerst wird die Marktqualität unterschiedlicher Handelsformen analysiert, anschließend wird der Insiderhandel innerhalb dieser Marktformen betrachtet....

Aronoff challenges the conventional view that reckless credit produced the US housing boom and the financial crisis, explaining how the large current account deficit, and its mercantilist origin, was a more fundamental cause

Part I: US Growth Policies in the Election Year -- Part II: Assessing the Impact of Labor Market Reforms -- Part III: Imbalances, Tensions and Possible Readjustments: Evidence from Intertemporal Accounting and the Financial Accounts -- Part IV: G20, Global Governance and Regional Integration --...

Narratives of the Global Financial Crisis -- Multi-Level Complexity: The 21st Century Financial System -- US Policy Responses to the Crisis -- Knowledge Asymmetries and the Idea of Knowledge-Based Regulation -- Knowledge Capture in Financial Regulation: A Theoretic Framework.