Cover; Title Page; Copyright; Contents; Preface; 1. Introduction; 2. ETFs and REITs in Japan: Innovation and Steps for Future Growth; 3. Securitization of Residential Mortgages: Can Japan Create a "Good" GSE?; Comment on chapters 2 and 3 by Adam S. Posen; 4. Gap Filling, Hedge Funds, and Financial Innovation; 5. The Rise of the U.S. Private Equity Market; Comment on chapters 4 and 5 by Franklin R. Edwards; 6. Policy Issues Raised by Structured Products; 7. The Development of Improved Exchange-Traded Funds in the United States; Comment on chapters 6 and 7 by Kenneth E. Scott; Contributors.
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SUMMARY OR ABSTRACT
Text of Note
"Presents research from experts in academia and the financial industry on financial instruments and new financial institutions, contrasting developments in the United States and Japan. Highlights innovative ways in which Japanese financiers and government officials have learned from the United States regarding the introduction of new instruments into their market"--Provided by publisher.
OTHER EDITION IN ANOTHER MEDIUM
Title
New financial instruments and institutions.
TOPICAL NAME USED AS SUBJECT
Finance-- Japan.
Finance-- Technological innovations-- Japan.
Finance-- Technological innovations-- United States.