Financial Innovations and Market Volatility
Download or Read eBook Financial Innovations and Market Volatility PDF written by Alexander Miller and published by Wiley. This book was released on 1992-04-16 with total page 288 pages. Available in PDF, EPUB and Kindle.
Author | : Alexander Miller |
Publisher | : Wiley |
Total Pages | : 288 |
Release | : 1992-04-16 |
ISBN-10 | : 1557862524 |
ISBN-13 | : 9781557862525 |
Rating | : 4/5 (24 Downloads) |
Book Synopsis Financial Innovations and Market Volatility by : Alexander Miller
Book excerpt: In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volatility to the detriment of individual savers and business investors, and that regulation is essential in such forms as higher margin requirements, taxes on trading, and perhaps even closing down the future market.