Anzeige
Erschienen in:
1989 | OriginalPaper | Buchkapitel
Disintermediation
verfasst von : Charles Goodhart
Erschienen in: Money
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
‘Intermediation’ generally refers to the interposition of a financial institution in the process of transferring funds between ultimate savers and ultimate borrowers. The forms of services that such financial intermediaries provide, the characteristics of their liabilities and assets, and the rationale for their existence is described elsewhere. For this purpose, we only need to assume that a certain pattern of financial intermediation is given, say by actual historical development, or is theoretically optimal.