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Technology and Finance: Challenges for Financial Markets, Business Strategies and Policy Makers (Routledge International Studies in Money and Banking)
 
 
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Technology and Finance: Challenges for Financial Markets, Business Strategies and Policy Makers (Routledge International Studies in Money and Banking) [Hardcover]

Morten Balling (Editor), Frank Lierman (Editor), Andy Mullineux (Editor)

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Book Description

December 6, 2002 041529827X 978-0415298278 1st
Technology and Finance analyses the dramatic implications of technology for today's financial sector, for productivity growth and for monetary policy. A wide range of financial market activities are now technology driven; technology is also crucial in retail, private and corporate banking, and it has lowered entry barriers to the sector. New participants are flourishing as they are strongly supported by their technology.
Distinguished keynote speeches in this volume were initially featured in the latest highly-respected SUERF (Sociètè Universitaire Europèene de Recherches Financières) Colloquium. The articles cover the following topics:
*the impact of technology on financial institutions - evolution or revolution?
*the relationship between technology and financial markets, including the impact of 'electronification' on financial markets and deposit insurance systems.
*the real and potential impact of technology on productivity growth, and possible implications for economic growth, monetary policy and markets.
This volume represents the cutting edge of informed thinking on the implications of, and possible problems with, modern technology on contemporary finance.

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About the Author

Morten Balling is Professor of Finance at the Aarhus School of Business (ASB), Denmark. From 1993 to 2001 he was president of the ASB. He has been a council member of the Société Universitaire Européenne de Rechèrches Financières since 1994. He holds directorships of some Danish companies and foundations and has written widely on monetary, banking and financial topics.

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Inside This Book (learn more)
First Sentence:
I am particularly pleased to speak before this eminent forum and to have the opportunity of addressing the topic 'Technology and Finance' from a central banker's point of view. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
new electronic payment systems, consumer behaviour matrix, remote delivery channels, selecting financial products, price indeterminacy, new economy effects, final cluster solution, total trading costs, retail financial services industries, real gross value, informational spillovers, alternative trading systems, cashless society, wholesale financial markets, giro systems, other financial service providers, international productivity differences, contract banking, real house prices, excess inertia, market architecture, trading venues, translog cost function, labour productivity growth, crossing systems
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, European Commission, Federal Reserve, The Netherlands, Bank of England, United Kingdom, Helen Allen, Basel Committee, John Wiley, Journal of Marketing, Journal of Money, World Bank, European Economic Review, Hong Kong, Journal of Finance, London School of Economics, Oxford University Press, United States, American Economic Review, Banking Supervision, European Central Bank, European Parliament, Federal Statistical Office, Journal of Financial Services Research, Year Figure
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