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Financial Innovations and Market Volatility

hardcoverApril 16, 1992
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ISBN-13: 9781557862525 ISBN-10: 1557862524
Publisher
Wiley-Blackwell
Binding
hardcover
Published
April 16, 1992
Weight
1.3 lbs
Dimensions
23.50×2.90×15.70 cm

About this book

Financial Innovations and Market Volatility by Merton H. Miller. hardcover edition. ISBN: 9781557862525.

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.