A CHARACTERISTICS DEFINITION OF FINANCIAL-MARKETS

被引:7
|
作者
HEFFERNAN, SA
机构
[1] City University Business School, London
关键词
D O I
10.1016/0378-4266(90)90065-A
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper employs a characteristics approach to define and classify financial products and markets. Emphasis is placed on the demand side, models for the supply side being comparatively well developed. Based on changes in the United Kingdom, the model is used to illustrate how applied economists might analyse the impact of regulatory and technological changes on financial markets. Avenues for further research are discussed. © 1990.
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页码:583 / 609
页数:27
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