Journal of Financial and Quantitative Analysis Vol. 7 No. s1 1972
Institutionalization of Savings and the Long-Term Outlook for the Securities Industry
Abstract
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?
- DOI
- 10.1017/s0022109000014939
- Volume
- 7
- Issue
- s1
- Pages
- 1691-1695
- Language
- en
- Sources
- openalex crossref