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center stage in the current debate: capital regulation, accounting standards and managers’ incentives. After reviewing the …
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. The book engages with history, philosophy, ethics and also ponders on the role of regulation. A richly informed book and … Financial Regulation, University College London (UCL), University of London The book illustrates financial markets from the …
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During the last decade, a number of new financial instruments and derivative products related to the Greek drachma have emerged in local as well as international capital markets. The paper analyzes the characteristics of these financial instruments which are traded in organized exchanges and...
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reforms that, for example, have resulted in significant financial innovation (so-called shadow banking) and more liberalized … structural shifts in the MDF. For example, financial innovation and liberalization alter the sensitivity of money balances to … innovation, especially the growth in off-balance sheet and nonbank financial intermediation. The results suggest that usefulness …
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