The value of inside and outside money

Article Abstract:

The fact that spatial separation and limited communication in an economy implied that trade would take place among agents in a variety of distinct markets, was examined. The result revealed that spatial separation and limited communication could permit outside money to circulate in an economy whose centralized analog does not admit outside money and the reverse can also happen which implies that improvement in communication need not imply a declining role for outside money.

United States, Forecasts, trends, outlooks, Economic conditions, Market trend/market analysis, Financial markets

---

Intermediation and the equilibrium allocation of investment capital

Article Abstract:

An analysis of intermediation and its impact on the equilibrium allocation of investment capital is presented. The analysis considers a model of adverse selection and costly state verification where debt contracts and credit rationing are given. It is shown that information acquisition offers intermediaries a comparative advantage in such markets. In addition, intermediaries also minimize credit rationing and interest rate differentials.

Research, Capital investments, Resource allocation, Financial intermediation

---

The impact of inflation on financial sector performance

Article Abstract:

Research describing an empirical assessment of prediction referring to increases in inflation rates is presented. Particular attention is given to the influence of such predictions on the financial sector's ability to adequately allocate resources.

Management, Financial services industry, Financial services, Inflation (Finance), Inflation (Economics)

Similar abstracts:

• Abstracts: The effect of external finance on the equilibrium allocation of capital. The balance of power in closely held corporations
• Abstracts: The maket structure of broadband telecommunications. The antitrust implications of capacity reallocation by a dominant firm
• Abstracts: The bond rate and estimated monetary policy rules. UK inflation in the 1970s and 1980s: the role of output gap mismeasurement

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.