Framing Address: A Framework for Analyzing Financial Market Transformation

21 Pages Posted: 17 Apr 2012 Last revised: 28 Dec 2014

Date Written: April 10, 2013

Abstract

To open an international conference on “Rethinking Financial Markets,” this address seeks to frame that inquiry from the perspectives of scholars in the fields of law, economics, finance, and accounting. In attempting to identify what it is about financial markets that is worth rethinking, the address focuses on market changes that increase decentralization, fragmentation, globalization, disintermediation, and funding mismatches. The address also argues that the scholarly perspectives are inherently interrelated: although scholars in each field proceed from their own toolkits, they all aim for the common normative goal of optimizing financial markets to enable capital formation.

Suggested Citation

Schwarcz, Steven L., Framing Address: A Framework for Analyzing Financial Market Transformation (April 10, 2013). Seattle University Law Review, Vol. 36, No. 2, 2013. Available at SSRN: https://ssrn.com/abstract=2041428 or http://dx.doi.org/10.2139/ssrn.2041428

Steven L. Schwarcz (Contact Author)

Duke University School of Law ( email )

210 Science Drive
Box 90362
Durham, NC 27708
United States
919-613-7060 (Phone)
919-613-7231 (Fax)

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