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frenchX
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Joined: March 29th, 2010, 6:54 pm

Paper about the global macroeconomic impact of financial innovations

January 17th, 2014, 1:57 pm

What are the main papers on this topic ? Actually is there any empirical research about it ? (especially the impact of derivatives on macro output such as rates, inflation, growth, employment and so on).
 
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Alan
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Paper about the global macroeconomic impact of financial innovations

January 28th, 2014, 10:39 pm

I don't know directly, but here is an older, very good read, that is related: An Engine, Not a Camera: How Financial Models Shape Markets
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