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The papers in this volume empirically examine three evolving and important topics in financial economics: the determinants of monetary and bank efficiency and the key factors that contribute to successful monetary and banking operations; the institutional factors that enhance or detract from the efficient manner in which financial markets work; and the macro, micro, and social factors that impact stock valuation and optimum portfolio selection.

Review: Thirteen papers investigate the determinants of monetary and bank efficiency and the factors that contribute to successful monetary and banking operations, explore the institutional factors affecting market efficiency, and provide insights into stock valuation and optimum portfolio selection.

Journal of Economic Literature, 2004.

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