Financial Innovations and Market Volatility

by Merton H. Miller

Book Overview

In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volatility to the detriment of individual savers and business investors, and that regulation is essential in such forms as higher margin requirements, taxes on trading, and perhaps even closing down the future market.

• Format: Hardcover
• Language: English
• ISBN: 1557862524
• ISBN13: 9781557862525
• Release Date: April 1992
• Publisher: Wiley
• Length: 288 Pages
• Weight: 1.32 lbs.
• Dimensions: 1.1" x 6.2" x 9.2"