Shifting Frontiers in Financial Markets

Author(s): by Donald E. Fair

Date published: Mar 1986

edited by Donald E. Fair, Financial and Monetary Policy Studies 12
Martinus Nijhoff Publishers, Dordrecht, Boston, Lancaster, 1986
ISBN 90-247-3225-5

The papers collected in this volume are those presented at the twelfth colloquium arranged by SUERF in Cambridge, U.K., in 1985. The object of this colloquium was to focus on the several issues concerning the changes which have occurred and are occurring every day in financial markets. Four specific sets of problems are being discussed in this volume: the causes of change and innovation in the mix of financial instruments; the role that, in the new environment, can be attributed to the cost of capital funds in the financing of growth; the implications of these changes for financial institutions; the implications for monetary control and for the supervision of financial institutions.