
Each volume in this series includes a collection of authoritative essays from The new Palgrave: A Dictionary of Economics, selected by the Editors to illustrate the range and diversity of economic thought on a particular topic.

Each volume in this series includes a collection of authoritative essays from The new Palgrave: A Dictionary of Economics, selected by the Editors to illustrate the range and diversity of economic thought on a particular topic.

This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on finance.