Technological innovation, regulation, and the monetary economy /

Lawrence and Shay, two respected scholars in the field of monetary economics, have edited this unique volume that integrates the study of industrial organization, monetary policy, and technological change-as they apply to financial intermediation. The six essays, each by an eminent scholar, deal with some aspect of the central theme, and each in itself provides fresh thought on the role of financial intermediation and how it may evolve in the future. Adequate detail is provided relating to the econometric analysis done for each essay. Limited index, uneven chapter bibliographies. Most appropriate for extensive finance or money and banking collections at the graduate level.-D.E. Bond, Canadian Association of Broadcasters