Financial Market Drift: Decoupling of the Financial Sector from the Real Economy? - Couverture souple

Menkhoff, Lukas; Tolksdorf, Norbert

Couverture souple

ISBN 10 : 364262507X ISBN 13 : 9783642625077

Editeur : Springer, 2012

Synopsis

International financial markets play an increasingly important role. There can be no doubt that over the past twenty years the size of financial markets have grown at a faster pace than the size of the markets for goods and services. However, it is still unclear whether this is a desirable development. This book discusses the debate on the possible separation of the financial sector and real economy. The text makes use of established scientific research.

A propos du livre

À propos de la quatrième de couverture

International financial markets play an increasing role in the mind of the general public, much more than they did a few decades ago. There can be no doubt that the size of financial markets has grown at a faster pace than the markets for goods and services in the past ten or twenty years. However, it is still unclear whether this is a desirable development, or whether it indicates looming risks. The book documents and classifies the debate about the potential decoupling of the financial sector from the real economy, and then to introduce it into the context of established scientific lines of research. We try to provide a logical structuring of the heterogeneous arguments by postulating a decoupling hypothesis (phenomena, causes, consequences). Various models are presented in this structure and stylized facts can be isolated.

Détails de l'édition

• Éditeur: Springer
• Date d'édition: 2012
• Langue: anglais
• ISBN 10: 364262507X
• ISBN 13: 9783642625077
• Reliure: Broché
• Nombre de pages: 234
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Allemagne