TY  - JOUR
AU  - Mishkin,Frederic S.
TI  - Financial Innovation and Current Trends in U.S. Financial Markets
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3323
PY  - 1991
Y2  - November 1991
UR  - http://www.nber.org/papers/w3323
L1  - http://www.nber.org/papers/w3323.pdf
N1  - Author contact info:
Frederic S. Mishkin
Columbia University
Graduate School of Business
Uris Hall 817
3022 Broadway
New York, NY 10027
Tel: 212-854-3488
Fax: 212/662-8474
E-Mail: fsm3@columbia.edu
AB  - This paper discusses recent developments in U.S. financial markets and provides an economic analysis of why various recent financial  innovations have occurred. This will not only provide us with s better understanding of existing financial markets in the United States and why they have been undergoing so much change in recent years, but it also may provide us with clues as to where our financial system may be heading.
ER  -