Potential impact of financial innovation on monetary policy
Djupanalys
15-05-2017
The recent wave of financial innovation poses a serious challenge to the financial industry’s business model in both its banking and non-banking components. If not responded to adequately and timely by regulators, it may create new risks to financial stability, as occurred before the global financial crisis of 2007-2009. However, financial innovation will not seriously affect the process of monetary policymaking and is unlikely to undermine the ability of central banks to perform their price stability mission.
Djupanalys
Extern avdelning
Marek DABROWSKI (CASE, Center for Social and Economic Research)
Om detta dokument
Publikationstyp
Sökord
- elektroniska pengar
- FINANSER
- finansiellt instrument
- forskning och immateriell äganderätt
- fri rörlighet för kapital
- informationsteknik
- innovation
- innovationsspridning
- kommunikation
- penningpolitik
- penningväsen
- PRODUKTION, TEKNIK OCH FORSKNING
- teknik och tekniska föreskrifter
- UTBILDNING OCH KOMMUNIKATION