In an inefficient market, investors may not have enough information about the securities in that market to make informed decisions about what to buy or the price to pay. Markets in emerging nations may be inefficient, since securities laws may not require issuing companies to disclose relevant inf...
Criticizes the use of the market failure concept in the efforts to privatize public responsibilities and reinvent itself in the United States government an... Zerbe,Jr.,Richard,... - 《Regulation》 被引量: 40发表: 2000年 Financial market failures and public policies: a central banker's perspe...
美 英 un.市场衰退 网络市场失灵;市场失效;市场失败 英汉 英英 网络释义 un. 1. 市场衰退
Determining the efficiency of financial markets is very difficult. Markets are generally neither perfectly efficient nor completely inefficient. The degree of informational efficiency varies across countries, time, and market types. In this article, we will learn about the factors affecting efficiency in ...
an asset's prices do not accurately reflect its true value, which may occur for several reasons. Inefficiencies often lead todeadweight losses. In reality, most markets do display some level of inefficiencies, and in the extreme case an inefficient market can be an example of amarket failure....
financial systemgovernment interventionhousing marketGreat Recessionfree‐bankingThe Great Recession was not a failure of free markets. Rather it was a classic... Horwitz,Steven - 《Economic Affairs》 被引量: 8发表: 2012年 Unleashing private sector productivity in the United States Productivity growth...
Though there is hardly any free lunch in financial markets, there can be serious anomalies. Why? First, noise traders cause pecuniary externalities - a case of market failure in finance. Second, there are market failures elsewhere, which... Schneider Geoffrey - Microeconomic Principles and Problems...
This failure in the market for liquidity transfers is associated with an inefficiency in the allocation of specific assets. A regulator such as a Central Bank can ameliorate this inefficiency by standing to lend to affected banks at competitive rates. The public provision of liquidity to banks, ...
Financial services are characterized by market failures arising from information asymmetry and imperfect competition. 金融服务业的一个特点是,由于市场不对称和竞争不完善,会出现市场失灵问题。 UN-2 Missing markets represent another class of market failure. 市场尚付阙如是另一类市场失败。 UN-2 In ...
What is market failure? Under what conditions do markets fail?Market:A market is an order made up of different institutions, social relations, and infrastructures that facilitate the convergence of people to buy and sell provisions such as products and services in exchange for money in a fr...