COWLES FOUNDATION FOR RESEARCH IN ECONOMICS
AT YALE UNIVERSITY

Box 208281
New Haven, CT 06520-8281

COWLES FOUNDATION DISCUSSION PAPER NO. 817

"Financial Intermediation"

James Tobin

January 1987

This is an essay on Financial Intermediaries written for the New Palgrave. It includes sections on national wealth, financial markets, assets, risk and regulation.

JEL Classification: 314, 310

Keywords: Financial intermediaries