International Harmonization of the Regulation of Capital Markets. An Introduction
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SP 19
Comments on recent developments and proposals concerning dealing practices in the UK equity market
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SP 17
Meltdown Monday or Meltdown Money: Consequences of the Causes of a Stock Market Crash
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SP 11
The Transactions Role of Financial Assets: a Survey
A critical survey of the literature examining the roles of various financial (and commodity) assets in the transactions process is undertaken. The...
DP 26
Measuring the Cost of Capital When Taxes Are Changing with Foresight
The familiar Hall-Jorgenson (1967) approach to measuring the cost of capital considers a perturbation from the optimal path of the capital stock...
DP 19
Credit Market Efficiency and Tax Policy in the Presence of Screening Costs
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DP 25
Monetary Policy with Unregulated Banks
An analytical basis is provided for the conduct of monetary policy in an economy with a completely unregulated banking system. In particular, the...
DP 21
