money and banking 1

money and banking 1 - Lower transaction costs Risk sharing...

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Ch. 2 Efficient allocation of capital = firms, entrepreneurs Timing – consumers (households) Financial Markets Asset types: debt, equity Transaction type: primary and secondary Market organization : OTC vs. exchange Time frame: money market, capital markets Pg.30-37 Financial Institutions
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Unformatted text preview: Lower transaction costs Risk sharing o asset transformation o Diversification Asymmetric information adverse Pg. 41-42 Know one of 2 out of table 3 Regulation of financial sector-Inform ation issues improve investors inform ation s et Purpose...
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This note was uploaded on 02/10/2011 for the course ENVSCI 101 taught by Professor Don'tremember during the Spring '11 term at Rutgers.

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