The Papers collected in this volume are those presented at the ninth Colloquium arranged by the Societe Universitaire Europeenne de Recherches Financi{ res (SUERF), which took place at Helsing r, Denmark, in October 1980. The Society is supported by a large number of central banks, commercial banks, -and other fmancial and business institutions, as well as by academics and others interested in monetary and fmancial problems. Since its establishment in 1963 it has developed as a forum for the exchange of information, research results and ideas, valued by academics and practitioners in these...

The Papers collected in this volume are those presented at the ninth Colloquium arranged by the Societe Universitaire Europeenne de Recherches Financi{ res (SUERF), which took place at Helsingcentsr, Denmark, in October 1980. The Society is supported by a large number of central banks, commercial banks, .and other fmancial and business institutions, as well as by academics and others interested in monetary and fmancial problems. Since its establishment in 1963 it has developed as a forum for the exchange of information, research results and ideas, valued by academics and practitioners in...