Chapter 2 The Modigliani-Miller theorem \When capital markets are perfect and complete, corporate decisions are trivial.\ 2.1 Arrow-Debreu model with assets 2.1.1 Primitives
Chapter 2 Contents What is a Financial Financial Market Rates System Financial Intermediaries The Flow of Funds Financial Infrastructure The Functional and Regulation Perspective Governmental& Quasi- Financial Innovation Governmental the“Invisible Hand