Download This PaperWhat Do We Know About Financial Innovation?
38 Pages Posted: 7 Jun 2019
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: 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
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