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The efficiency and stability of banks and markets
Allen, Franklin - 2004
Traditionally, financial systems have been bank-based or market-based. The efficiency properties of these systems are compared in various dimensions. These include risk sharing, information provision, funding new industries, corporate governance, and law, finance and politics. Both systems have...
Persistent link: https://www.econbiz.de/10011626223
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The efficiency and stability of banks and markets
Allen, Franklin - 2004
Persistent link: https://www.econbiz.de/10002093533
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The Efficiency and Stability of Banks and Markets
Allen, Franklin - 2004
Traditionally, financial systems have been bank-based or market-based. The efficiency properties of these systems are compared in various dimensions. These include risk sharing, information provision, funding new industries, corporate governance, and law, finance and politics. Both systems have...
Persistent link: https://www.econbiz.de/10011506574
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Financial markets, intermediaries, and intertemporal smoothing
Allen, Franklin; Gale, Douglas - 1995
Persistent link: https://www.econbiz.de/10000903211
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A welfare comparison of intermediaries and financial markets in Germany and the US
Allen, Franklin; Gale, Douglas - 1994
Persistent link: https://www.econbiz.de/10000910209
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Financial markets, intermediaries and intertemporal smoothing
Allen, Franklin; Gale, Douglas - 1995
Persistent link: https://www.econbiz.de/10000910210
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Special issue on the design of financial systems and markets
Allen, Franklin (contributor) - 1999
Persistent link: https://www.econbiz.de/10001390958
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Diversity of opinion and financing of new technologies
Allen, Franklin; Gale, Douglas - In: Journal of financial intermediation 8 (1999) 1/2, pp. 68-89
Persistent link: https://www.econbiz.de/10001390996
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The theory of financial intermediation
Allen, Franklin - In: Journal of banking & finance 21 (1997) 11, pp. 1461-1485
Persistent link: https://www.econbiz.de/10001236738
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Financial markets, intermediaries, and intertemporal smoothing
Allen, Franklin - In: Journal of political economy 105 (1997) 3, pp. 523-546
Persistent link: https://www.econbiz.de/10001220009