What is the difference between direct finance and indirect finance? Which involves financial intermediaries, and which involves

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What is the difference between direct finance and indirect finance? Which involves financial intermediaries, and which involves financial markets?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Dec 31, 2018 11:45 AM

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What is the difference between direct finance and indirect finance? Which involves financial intermediaries, and which involves

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With direct finance one party lends directly to the ot...View the full answer

Money, Banking, and the Financial System

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