Financial Innovations and the Real Economy, November 16-17, 2006
This conference featured seven papers that address the impact of innovations in the financial sector on
the real economy. The papers can be divided roughly into three groups. The first group examines how
innovations in financial markets affect consumer spending and borrowing. The second group focuses on
how new financial instruments may help firms mitigate risk but, in so doing, may also increase the risk
to the overall financial system. The third group explores how financial innovations affect business
borrowing behavior, and how that behavior may increase the volatility of financial variables but decrease
the volatility of real variables, such as employment and output.
- 2000s
- Financial Innovations and the Real Economy [Conference Agenda]
- The Macroeconomic Transition to High Household Debt
- Discussion of The Macroeconomic Transition to High Household Debt [Presentation]
- Financial Innovation and the Great Moderation: What Do Household Data Say?
- [Discussion of] Financial Innovation and the Great Moderation: What Do Household Data Say? [Presentation]
- [Discussion of] Financial Innovation and the Great Moderation: What Do Household Data Say? [Presentation]
- The Supply and Demand Side Impacts of Credit Market Information
- Has the Development of the Structured Credit Market Affected the Cost of Corporate Debt?
- [Discussion of] Has the Development of the Structured Credit Market Affected the Cost of Corporate Debt? [Presentation]
- Banking and Interest Rates in Monetary Policy Analysis: A Quantitative Exploration [Presentation]
- Financial Innovation, Macroeconomic Stability and Systemic Crises
- Financial Innovations and Macroeconomic Volatility
- Comments on Financial Innovations and Macroeconomic Volatility [Presentation]
- Financial Innovations, Idiosyncratic Risk, and the Joint Evolution of Real and Financial Volatilities
In order to aid in the retrieval of information from this publication, significant tables, charts, and/or articles have been extracted and can be viewed individually or across a span of issues.
2006
- Center for the Study of Income and Productivity Conferences
- Financial Innovations and the Real Economy : Conference Summary
Federal Reserve Bank of San Francisco
