Bericht

Potential impact of financial innovation on financial services and monetary policy

The recent wave of financial innovation, particularly innovation related to the application of information and communication technologies, poses a serious challenge to the financial industry's business model in both its banking and non-banking components. It has already revolutionised financial services and, most likely, will continue to do so in the future. If not responded to adequately and timely by regulators, it may create new risks to financial stability, as occurred before the global financial crisis of 2007-2009. However, financial innovation will not seriously affect the process of monetary policymaking and is unlikely to undermine the ability of central banks to perform their price stability mission.

ISBN
978-83-7178-654-9
Sprache
Englisch

Erschienen in
Series: CASE Reports ; No. 488

Klassifikation
Wirtschaft
Demand for Money
Financial Markets and the Macroeconomy
Money Supply; Credit; Money Multipliers
Monetary Policy
Central Banks and Their Policies
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Thema
monetary policy
financial innovation
electronic money

Ereignis
Geistige Schöpfung
(wer)
Dabrowski, Marek
Ereignis
Veröffentlichung
(wer)
Center for Social and Economic Research (CASE)
(wo)
Warsaw
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Dabrowski, Marek
  • Center for Social and Economic Research (CASE)

Entstanden

  • 2017

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