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Liquidity, banks, and markets: Effects of financial development on banks and the maturity of financial claims.

By: Diamond, Douglas W.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1996Subject(s): Liquidity | Banks -- Financial markets. -- Banks -- Financial marketsSummary: This paper examines the roles of markets and banks when both are active, characterizing the effects of financial market development on both the structure and market share of banks.
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This paper examines the roles of markets and banks when both are active, characterizing the effects of financial market development on both the structure and market share of banks.

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