Abstract
It seems particularly relevant to talk about financial innovation in the United States because this country can be considered as a major engine of innovation given the size of the financial markets and the wide variety of financial products available. Financial innovation is analysed through the lens of a genetic mutation which turns an existing financial product into a mutant under certain conditions [Merton Miller's 'seed beneath the snow']. The conditions which favour financial innovation as well as the role of regulation are considered in this paper. An insight into the potential negative market spin that can spring from financial innovation is also offered.
Keywords No keywords specified (fix it)
Categories No categories specified
(categorize this paper)
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 51,480
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Financial Reform in China: Emphases, Difficulties and Approaches.Zhen-Jiang Li & Hong Zhang - 1997 - Nankai University (Philosophy and Social Sciences) 6:66-72.
文化•创新文化•自主创新.ShanKan He - 2008 - Proceedings of the Xxii World Congress of Philosophy 22:143-157.

Analytics

Added to PP index
2017-08-24

Total views
0

Recent downloads (6 months)
0

How can I increase my downloads?

Downloads

Sorry, there are not enough data points to plot this chart.

My notes