Lecture Money, banking, and financial markets: Chapter 13 - Stephen G. Cecchetti, Kermit L. Schoenholtz
Lecture Money, banking, and financial markets: Chapter 13 - Stephen G. Cecchetti, Kermit L. Schoenholtz
Chapter 13 - Financial industry structure. In this chapter, students will be able to understand: The United States has a comparatively large but declining number of banks, nondepository institutions are playing an increasingly important role in the financial system. Five types of financial intermediary may be classified as nondepository institutions.