What Do We Know About Financial Innovation?

38 Pages Posted: 7 Jun 2019

See all articles by Anand M. Goel

Anand M. Goel

Stevens Institute of Technology

Date Written: March 6, 2019

Abstract

This article is a survey of the academic literature on financial innovation. We review definitions and examples of financial innovation, the costs and benefits of financial innovation, financial innovators, factors that encourage or hinder financial innovation, incentives for financial innovation, welfare effects of financial innovation, and the role of regulation in influencing financial innovation.

Keywords: Financial Innovation

JEL Classification: O3, G28, G10, G18

Suggested Citation

Goel, Anand Mohan, What Do We Know About Financial Innovation? (March 6, 2019). Available at SSRN: https://ssrn.com/abstract=3392434 or http://dx.doi.org/10.2139/ssrn.3392434

Anand Mohan Goel (Contact Author)

Stevens Institute of Technology ( email )

Hoboken, NJ 07030
United States

HOME PAGE: http://www.anandgoel.org

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