Gobona Gabankitse - Academia.edu (original) (raw)
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Papers by Gobona Gabankitse
The paper examines the progress of financial innovations over the past 30 years, beginning with h... more The paper examines the progress of financial innovations over the past 30 years, beginning with how they have influenced the financial system. The article adopts a framework of classification that provides an overview of previous findings to examine the continuity of financial innovations. The authors find that the progress of financial innovations is discontinuous and is characterized by isolation and limited research studies. Finally, the authors highlight the main reasons why the previous literature in this area is limited and how financial innovations have not yet reached the point of diminishing returns.
The paper examines the progress of financial innovations over the past 30 years, beginning with h... more The paper examines the progress of financial innovations over the past 30 years, beginning with how they have influenced the financial system. The article adopts a framework of classification that provides an overview of previous findings to examine the continuity of financial innovations. The authors find that the progress of financial innovations is discontinuous and is characterized by isolation and limited research studies. Finally, the authors highlight the main reasons why the previous literature in this area is limited and how financial innovations have not yet reached the point of diminishing returns.