
by Bert Scholtens and Dick van Wensveen, Vienna, 2003
ISBN 3-902109-15-7
This essay reflects upon the relationship between the current theory of financial intermediation and real-world practice. Our critical analysis of this theory leads to several building blocks of a new theory of financial intermediation.
Chapters
Introduction
The Perfect Model
Financial Intermediaries in the Economy
Modern Theories of Financial Intermediation
Critical Assessment
An Alternative Approach of Financial Intermediation
Building Blocks for an Amended Theory
A New Research Agenda
Additional Info
Keywords: Financial Intermediation, Corporate Finance, Assymetric Information, Economic Development, Risk Management, Value Creation, Risk Transformation
JEL Codes: E50, G10, G20, L20, O16
ISBN No.: 3-902109-15-7
Authors: Bert Scholtens and Dick van Wensveen
Download Study
© SUERF - The European Money and Finance Forum 2010-2018 .:. Société Universitaire Européenne de Recherches Financières
Privacy Policy .:. Legal notice
Design by draganmarkovic.net