Much of the dynamism of the field of financial markets and institutions is related to changes in the structure and operations of financial institutions and to financial innovation that occurs in response to changes in the economic environment. Part 5 of the text develops an economic framework for analyzing financial structure and institutions.
- Chapter 15:
"For Better and For Worse: Three Lending Relationships." Mitchell Berlin, Federal Reserve Bank of Philadelphia Business Review, November/December 1996, pp. 3-12.
- Chapter 15:
"Financial Modernization and Banking Theories." Simon Kwan, Federal Reserve Bank of San Francisco FRBSF Economic Letter, No. 2001-37, December 21, 2001, pp. 1-3.
- Chapter 15:
"Financial Development, Productivity, and Economic Growth." Diego Valderrama, Federal Reserve Bank of San Francisco FRBSF Economic Letter, No. 2003-18, June 27, 2003, pp. 1-3.
- Chapter 15:
"Financial Fragility and the Lender of Last Resort." Desiree Schaan and Timothy Cogley, Federal Reserve Bank of San Francisco FRBSF Weekly Letter, No. 95-21, May 26, 1995.
- Chapter 15:
"Perils of Price Deflation: An Analysis of the Great Depression." Charles T. Carlstrom and Timothy S. Fuerst, Federal Reserve Bank of Cleveland Economic Commentary, February 15, 2001, pp. 1-4.
- Chapter 15:
"Learning from Argentina's Crisis." Ramon Moreno, Federal Reserve Bank of San Francisco FRBSF Economic Letter, No. 2002-31, October 18, 2002, pp. 1-3.
