This paper is focused on the rise and the fall of structured finance, derivatives, and asset backed securities. Special focus is made on the attempts of the banking sector to improve the economic performance, particularly the ROE, by creating, acquiring, and selling derivatives. The possible outcome of public intervention to rescue the financial sector is finally discussed.

Micro and macroeconomic effects of financial innovation in a domestic and international perspective / G. Goisis - In: Micro and macroeconomic effects of financial innovation / [a cura di] G. Goisis, P. Parravicini. - Milano : LED, 2010 Feb. - ISBN 9788879164450. (( Intervento presentato al 8. convegno Round table of Costantino Bresciani Turroni foundation tenutosi a Milano nel 2009.

Micro and macroeconomic effects of financial innovation in a domestic and international perspective

G. Goisis
Primo
2010

Abstract

This paper is focused on the rise and the fall of structured finance, derivatives, and asset backed securities. Special focus is made on the attempts of the banking sector to improve the economic performance, particularly the ROE, by creating, acquiring, and selling derivatives. The possible outcome of public intervention to rescue the financial sector is finally discussed.
Macroeconomic effects ; financial innovation ; financial crisis ; structured finance
Settore SECS-P/01 - Economia Politica
Settore SECS-P/02 - Politica Economica
feb-2010
Università degli Studi di Milano
Book Part (author)
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2434/163818
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