期刊名称:The USV Annals of Economics and Public Administration
印刷版ISSN:2344-3847
出版年度:2009
卷号:9
期号:2
页码:254-261
语种:English
出版社:Editura Universitatii Ştefan cel Mare din Suceava
摘要:In this paper we propose to make a presentation of the m ain theories on financial intermediation and financial intermediaries. Modern theory of financial intermediation examines the main functions of financial intermediation, how the financial intermediation affects the economy as a whole and the effects of government policies on financial intermediaries. We will focus on issues of function of financial intermediaries, such as reduction of transaction costs, liquidity provision, information provision, debt renegotiation.