FINANCIAL INNOVATION AND ECONOMIC PERFORMANCE

Abstract

Journal of Applied Corporate FinanceVolume 4, Issue 4 p. 12-22 FINANCIAL INNOVATION AND ECONOMIC PERFORMANCE Robert C. Merton, Robert C. Merton George Fisher Baker Professor of Business Administration at Harvard University's Graduate School of Business *Search for more papers by this author Robert C. Merton, Robert C. Merton George Fisher Baker Professor of Business Administration at Harvard University's Graduate School of Business *Search for more papers by this author First published: Winter 1992 https://doi.org/10.1111/j.1745-6622.1992.tb00214.xCitations: 169 The core of the paper is a revised version of pages 263–271 of Robert C. Merton, “The Financial System and Economic Performance,” Journal of Financial Services Research, 4 (December 1990), pp. 263–300. Other parts draw from Robert C. Merton, Continuous-Time Finance, Chapter 14 (Basil Blackwell, 1990) and Robert C. Merton and Zvi Bodie, “A Framework for the Economic Analysis of Deposit Insurance and Other Guarantees,” unpublished manuscript (December 1991). Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume4, Issue4Winter 1992Pages 12-22 RelatedInformation