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Comparing Financial Systems (MIT Press) By Franklin Allen, Douglas Gale
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- Sales Rank: #506757 in Books
- Published on: 2001-03-01
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .88" w x 6.00" l, 1.52 pounds
- Binding: Paperback
- 520 pages
Review
In this wide-ranging book Allen and Gale set out to address the difficult question of why developed countries like Germany and the United States have such different financial systems. In the process, they develop new models and ideas on several aspects of finacial systems. This book manages to pull together many different insights and gives the most comprehensive picture of a finacial system that I have seen. It provides a timely analytical framework that no student of the new financial architecture can afford to ignore.
(Patrick Bolton, Department of Economics, Princeston University)This excellent book is a must-read for anyone interested in an in-depth understanding of how financial systems have evolved in different countries and how they affect resource allocation and economic development.
(Anjan Thakor, Edward J. Frey Professor of Banking and Finance, University of Michigan Business School) About the Author
Franklin Allen is the Nippon Life Professor of Finance and Economics at the Wharton School, University of Pennsylvania.
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