1Bemanke , Ben , and Alan Blinder ,1988 ,Credit , Money and Aggregate Demand, American Economic Review, May, 78:435 -39.
2Bemanke B, Gertler SM. Inside the Black Box: the Credit Channel of Monetary Policy Transmission [J]. Journal of Economic Perspectives, Fall, 1995:27-48.
2Van Horne, J.C. Of financial innovations and excesses [J]. Journal of Finance, 1985, 40(3): 621-631.
3Merton, R.C. Financial innovation and economic performance[J].Journal of Applied Corporate Finance, 1992,4(4): 12-22.
4Tufano, P. Financial innovation. In G.M. Constantinides,M. Harris,R.M. Stulz(ed.).The handbook of the economics of finance[M].Amsterdam: Elsevier, 2003: 307-335.
5Dow, J.Arbitrage, hedging, and financial innovation[J].Review of Financial Studies, 1998,11(4): 739-755.
6Ireland, P.N. Endogenous financial innovation and the demand for money[J].Journal of Money, Credit,and Banking, 1995,27(1): 107-123.
7Arrau, P.,J. De Gregorio, C.M. Reinhart,P. Wickham. The demand for money in developing countries: assessing the role of financial innovation[J].Journal of Development Economies, 1995,46(2): 317-340.
8Fanti,L. Financial innovation and demand for money: A dynamic IS-LM model with capital accumulation[J].Study Economics, 2001,56(74): 77-100.
9Davis,L.E,D.C.North. Institutional change and American economic growth:a first step towards a theory of institutional innovation[J].The Journal of Economic History,1970,(01):131-149.
10Jermann,U,V.Quadrini. Financial innovations and macroeconomic volatility.CEPR Discussion Paper No.5727[M].2006.
