Charles, Aurelie; Fontana, Giuseppe - In: International Journal of Public Policy 7 (2011) 1/2/3, pp. 97-111
This paper analyses two main features of the financialisation period, namely: 1) the replacement of the 'originate and hold' banking model with the 'originate and distribute' banking model; 2) the securitisation process of structured finance products. These features have produced remarkable...