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ENZO SCANNELLA

I tratti distintivi dell’economia degli intermediari bancari: un approccio di analisi funzionalista.

  • Authors: Scannella, E
  • Publication year: 2012
  • Type: Articolo in rivista (Articolo in rivista)
  • Key words: Financial crisis, Banking, Financial innovation, Financial intermediation, Bank functions.
  • OA Link: http://hdl.handle.net/10447/78922

Abstract

This paper aims to examine the basic functions performed by banks. It is argued that financial crisis has altered the traditional economics of banking in an important way. A key element of our paper is the use of a functional perspective to study the economics of banking. It is applicable at several levels of analysis: systems, institutions, activities, and products. The application of the functional perspective at the level of financial institutions is particularly useful because the functions are more stable than activities and products.