Open AccessCommentary: The financial system and economic performance
Author(s) -
Allan H. Meltzer
Publication year - 1990
Publication title -
journal of financial services research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.86
H-Index - 52
eISSN - 1573-0735
pISSN - 0920-8550
DOI - 10.1007/bf00122868
Subject(s) - financial services , financial system , business , economics , finance
Robert Merton’s article should be read by anyone who is interested in the past or future evolution of financial markets. Merton develops parts of finance theory and their implications for financial markets and financial policy in a clear, crisp, and informative way. It is an excellent piece, well worth a reader’s investment of time.
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