Work detail

Financial Intermediaries

Author: PhDr. Ladislav Frühauf
Year: 2007 - winter
Leaders: † prof. Ing. Michal Mejstřík CSc.
Consultants: prof. Ing. Karel Janda M.A., Dr., Ph.D.
Work type: Doctoral
Language: Czech
Pages: 99
Awards and prizes:
Link:
Abstract: This thesis deals with the topic of financial intermediaries. These are specialized agents that enter between investors and borrowers on financial markets and facilitate the exchange of financial assets. Their activity increases savings rate and improves effectivity of allocation of resources and thus has a positive effect on economic growth.
Financial intermediaries create no real value in the model of complete markets. Classic theories see their role as alleviating market imperfections and center around
Downloadable: Rigorous thesis
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