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- W3124015767 abstract "The central theme of this paper is that financial innovation has become a major force effecting the United States and other developed economies. The common features of the process include product innovation, securitization, liberalization of domestic financial market practices, globalization of markets, and increased competition among financial institutions. The paper offers a review of the product and process changes that have occurred in international financial markets, an analysis of the factors leading to these changes, and an examination of the implications for both financial market participants and macroeconomic policy makers." @default.
- W3124015767 created "2021-02-01" @default.
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- W3124015767 date "1987-06-01" @default.
- W3124015767 modified "2023-10-03" @default.
- W3124015767 title "Financial Innovations in International Financial Markets" @default.
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- W3124015767 doi "https://doi.org/10.3386/w2277" @default.
- W3124015767 hasPublicationYear "1987" @default.
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