The Operation and Regulation of Financial Markets

  • Charles Goodhart
  • David Currie
  • David T. Llewellyn

Part of the Studies in Monetary Economics book series (STUDMOECO)

Table of contents

  1. Front Matter
    Pages i-xvii
  2. Regulation and Structural Change in Financial Markets

  3. Modelling Money and Banking

    1. Front Matter
      Pages 101-101
    2. Keith Cuthbertson, Mark P. Taylor
      Pages 103-124
  4. Modelling Financial Markets

About this book


Financial markets in Britain, and elsewhere, are in the midst of a process of fundamental structural change. The resulting shifts in the behaviour of such markets will require the authorities, in turn, to revise their regulatory and control methods. This book incorporates a series of articles by leading British monetary economists to examine both the implications of such structural changes and also to model the current working of these markets. Within this unified framework, the articles range from descriptive accounts of recent developments in bank supervision and in the structure of the London capital markets to more formal econometric studies of the inter-relationships between money and other economic variables, and of the workings of financial markets. This provides a showcase to exhibit the most up-to-date research of leading British monetary economists.


econometrics financial markets growth interest rates methods monetary policy money

Editors and affiliations

  • Charles Goodhart
    • 1
  • David Currie
    • 2
  • David T. Llewellyn
    • 3
  1. 1.London School of Economics and Political ScienceUK
  2. 2.Queen Mary CollegeUniversity of LondonUK
  3. 3.Loughborough UniversityUK

Bibliographic information

Industry Sectors
Finance, Business & Banking