1.

Record Nr.

UNINA9910784490103321

Titolo

New financial instruments and institutions [[electronic resource] ] : opportunities and policy challenges / / Yasuyuki Fuchita, Robert E. Litan, editors

Pubbl/distr/stampa

Washington, D.C., : Brookings Institution Press, 2007

ISBN

1-280-85662-9

9786610856626

0-8157-2984-7

Descrizione fisica

1 online resource (241 p.)

Altri autori (Persone)

FuchitaYasuyuki <1958->

LitanRobert E. <1950->

Disciplina

332.10952

Soggetti

Finance - Japan

Financial institutions - Japan

Finance - Technological innovations - Japan

Finance - Technological innovations - United States

Japan Economic policy 1989-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction / Yasuyuki Fuchita and Robert E. Litan -- ETFs and REITs in Japan : innovation and steps for future growth / Yuta Seki -- Securitization of residential mortgages : can Japan create a "good" GSE? / Yasuyuki Fuchita ; comment on chapters 2 and 3 by Adam S. Posen -- Gap filling, hedge funds, and financial innovation / Frank Partnoy and Randall Thomas -- The rise of the U.S. private equity market / Thomas Boulton, Kenneth Lehn, and Steven Segal ; comment on chapters 4 and 5 by Franklin R. Edwards -- Policy issues raised by structured products / Jennifer E. Bethel and Allen Ferrell -- The development of improved exchange-traded funds in the United States / Todd J. Broms and Gary L. Gastineau ; comment on chapters 6 and 7 by Kenneth E. Scott.

Sommario/riassunto

"Presents research from experts in academia and the financial industry on financial instruments and new financial institutions, contrasting developments in the United States and Japan. Highlights innovative ways in which Japanese financiers and government officials have



learned from the United States regarding the introduction of new instruments into their market"--Provided by publisher.