ON THE THEORY OF FINANCIAL INTERMEDIATION

Abstract

The Journal of FinanceVolume 26, Issue 3 p. 737-747 Article ON THE THEORY OF FINANCIAL INTERMEDIATION David H. Pyle, David H. PyleAssistant Professor of Business Administration, University of California, Berkeley. I am grateful to Professors Nils Hakansson, JanMossin, GordonPye, StephenTurnovskyandmanyothercolleagues, pastandpresent, forhelpfulcomments. My greatest debt is to Professor Paul Cootnerwhosuggestedthetopicandadvisedonthethesiswhichleadtothispaper. The assistance provided by a research grant from the Institute of Business and Economic Research, UC Berkeley is gratefully acknowledged.Search for more papers by this author David H. Pyle, David H. PyleAssistant Professor of Business Administration, University of California, Berkeley. I am grateful to Professors Nils Hakansson, JanMossin, GordonPye, StephenTurnovskyandmanyothercolleagues, pastandpresent, forhelpfulcomments. My greatest debt is to Professor Paul Cootnerwhosuggestedthetopicandadvisedonthethesiswhichleadtothispaper. The assistance provided by a research grant from the Institute of Business and Economic Research, UC Berkeley is gratefully acknowledged.Search for more papers by this author First published: June 1971 https://doi.org/10.1111/j.1540-6261.1971.tb01727.xCitations: 109 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume26, Issue3June 1971Pages 737-747 RelatedInformation