Financial Innovation in Retail and Corporate Banking

Financial Innovation in Retail and Corporate Banking

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Discusses through a blend of theory and empirical research, the processes of innovation and the diffusion of new financial instruments. This book explores theoretical issues such as the relationship among financial innovation and market structure and the legal protection of financial innovation.For instance, the levels of payment card fees for merchants are variable according to brands (Visa, MasterCard and domestic networks), payment cards ( credit and debit cards) and use (point-of-sale, e-commerce and so on). ... Finally, if we disregard fixed costs and calculate a pure social marginal cost, the analysis puts forward three main Table 6.1 Cost measures of the payment instruments in the 160anbsp;...


Title:Financial Innovation in Retail and Corporate Banking
Author: Luisa Anderloni, David T. Llewellyn, Reinhard H. Schmidt
Publisher:Edward Elgar Publishing - 2009-01-01
ISBN-13:

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