E-Finance: An Introduction

Franklin Allen (), James Joseph McAndrews () and Philip Strahan

Center for Financial Institutions Working Papers from Wharton School Center for Financial Institutions, University of Pennsylvania

Abstract: "

Franklin Allen, James McAndrews and Philip Strahan, October 2001

Abstract: E-finance is defined as "The provision of financial services and markets using electronic communication and computation". In this paper we outline research issues related to e-finance that we believe set the stage for further work in this field. Three areas are focused on. These are the use of electronic payments sys tems, the operations of financial services firms and the operation of financial markets. A number of research issues are raised. For example, is the widespread use of paper-based checks efficient? Will the financial services industry be fundamentally changed by the advent of the internet? Why have there been such large differences in changes to market microstructure across different financial markets?

New Economics Papers: this item is included in nep-acc, nep-cfn, nep-fin and nep-fmk
Date: 2001-10
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Journal Article: E-Finance: An Introduction (2002)
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Persistent link: http://EconPapers.repec.org/RePEc:wop:pennin:01-36

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