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    •   CACHE Homepage
    • Academic Departments, Programs, and SIPs
    • Economics and Business
    • Economics and Business Senior Integrated Projects
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    The Growth of Financial Intermediaries: Their Effect on Commercial Banks and Monetary Policy

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    Date
    1968
    Author
    Van Domelen, Gwen
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    Abstract
    The purpose of this paper is to acquaint its reader with the growth and present importance of financial intermediaries. The first section is a general overview of the growing importance of financial intermediaries and their role in the United States financial market.,' The second section is a systematic summary of the controversy among economists concerning this growth and its effect on the ability of the Federal Reserve authorities to effectively implement monetary policy. The third section summarizes the paper and explicitly states my own views on the impact of the financial 1ntermediary on the financial structure and monetary policy effectiveness.
     
    With honors.
     
    URI
    http://hdl.handle.net/10920/15855
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    • Economics and Business Senior Integrated Projects [1202]

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