Show Less

Financial Intermediaries: An Analysis of Essential Articles

  • Elgar Research Reviews in Economics

Mervyn K. Lewis

This research review examines some of the most important articles on the topic of financial intermediaries. As well as seminal studies exploring the theoretical foundations of financial intermediaries and financial instability, special attention is devoted to examining the implications posed as traditional institutional-based structures have evolved to the ‘originate-and-distribute model’ and ‘shadow banking’, along with the parallel transition in securities markets as once prevalent specialist market-makers have been supplanted by technology-driven algorithmic trading, auto-quoting, high frequency trading, and dark pools, with new attendant risks and instabilities.
Show Summary Details

Review Article

Mervyn K. Lewis

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.