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Journal of Financial and Quantitative Analysis Vol. 7 No. s1 1972

Institutionalization of Savings and the Long-Term Outlook for the Securities Industry

Irwin Friend

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

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