Abstract
This chapter analyses the nature of the intermediation process, the qualitative properties of the loans and deposits supplied and their determinants. The interest rates are given; we are not concerned with optimizing behavior but merely with the nature of assets and liabilities.
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© 1984 Springer-Verlag Berlin Heidelberg
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Dermine, J. (1984). The Nature of Financial Intermediation. In: Pricing Policies of Financial Intermediaries. Studies in Contemporary Economics, vol 5. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-69497-4_2
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DOI: https://doi.org/10.1007/978-3-642-69497-4_2
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-13080-2
Online ISBN: 978-3-642-69497-4
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