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Published: 06 June 2019

304 Pages


ISBN: 9780190941697

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Finance and Financial Intermediation

A Modern Treatment of Money, Credit, and Banking

Harold L. Cole

  • Covers asset pricing both for conventional assets and derivatives
  • Examines the major models of financial intermediation-including information frictions, credit rationing and bank runs-and relates them to historic events
  • Provides coverage of conventional money and exchange rate topics, as well as electronic payments and cryptocurrencies
  • Examines financial aspects of the Great Recession of the 2000s and the Federal Reserve's actions

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