Financial Markets
Subtitle: Imperfect Information and Risk Management (Central Issues in Contemporary Economic Theory and Policy)
Contributors: Mario Baldassarri (Editor); Michele Bagella (Editor); Luigi Paganetto (Editor)
Publisher: Palgrave Macmillan
Published: September 22, 2001
Language: eng
Format: Hardcover
Number of pages: 402
ISBN-13: 9780333802045
Subjects: Economic theory & philosophy; Risk assessment & analysis for business; History; Business / Economics / Finance; History: World; Italy; Finance; Management - General; Business & Economics / Management; Europe - Great Britain - General; Banks and banking; Capital markets; Risk management
First sentence: This paper develops a model of imperfect competition for lending to study the links between firms' cost of capital, bank industrial structure and the overall availability of lending.