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Institutionalization of Savings and the Long-Term Outlook for the Securities Industry
Published online by Cambridge University Press: 19 October 2009
Extract
I am going to consider three questions. First, what have been the trends in the institutionalization of savings and, as a consequence, in the evolving role of institutions in the equity markets? Second, what have been the effects of these trends on the securities industry, narrowly defined; that is, on the securities broker-dealers. And, third, what have been the effects of these trends on the financial markets and the economy as a whole?
- Type
- Research Article
- Information
- Journal of Financial and Quantitative Analysis , Volume 7 , supplement s1 , March 1972 , pp. 1691 - 1695
- Copyright
- Copyright © School of Business Administration, University of Washington 1972