The central goal of this volume was to assemble outstanding scholars and policymakers in the field of financial markets and institutions and have them articulat

Allan H. Meltzer (1928–2017), a leading monetary economist of the twentieth century, is memorialized in eleven essays by prominent economists. Among his achie

This book exposes and comments on the consequences of Reg NMS and MiFID on market microstructure. It covers changes in market design, electronic trading, and in

A study of asset price bubbles and the implications for preventing financial instability.