In this paper, we propose a two-market empirical model with heterogeneous agents based on Chiarella et al. (2012). Using monthly data of French and US stock markets, the regression shows that individual markets have feature of two-regime switching process. By including inter-market traders whose...

The economic crisis of 2008–2010 stimulated an already growing sociological interest in finance. Before the crisis, disintermediation and securitization changed how the U.S. financial system operated, as bank operations shifted from the traditional originate-and-hold model to...

There are strong views of different projections of growth likely to be achieved by India in the current year. The range of projections for the growth in real GDP at factor cost by various agencies is quite wide, between 4.25 per cent and 5.5 per cent. One must realize that the growth projections...

This handbook brings together leading international scholars to provide a comprehensive overview of research and theory on the sociology of finance and the workings of financial institutions and financial markets.