Talk:Financial intermediary/Archives/2016

This article mixes up financial intermediaries and financial auxiliaries.

As per SNA 2008, financial intermediaries are institutional units that incur liabilities on their own account for the purpose of acquiring financial assets by engaging in financial transactions on the market. So financial intermediaries do not serve as a conduit for parties in a financial transaction, but are themselves parties in financial transactions. This distinguishes them from financial auxiliaries, which are principally engaged in serving financial markets, but do not take ownership of the financial assets and liabilities they handle. Stock exchanges, financial advisers or brokers are auxiliaries, because they facilitate transactions, but do not engage in these transactions on their own account. — Preceding Skarom comment added by Skarom (talkcontribs) 08:55, 14 April 2016 (UTC)

Dr. Nuno Barrau's comment on this article

Dr. Nuno Barrau has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


References are missing about academic articles banking and financial intermediaries such as the book by Freixas and Rochet (https://www.amazon.com/Microeconomics-Banking-Press-Xavier-Freixas/dp/0262062704) or the papers by Gertler and Karadi (JME 2011) or Nuño and Thomas (AEJ: Macro, 2016) .

In contrast, too much weight is given to opinions by "heterodox economists", giving the impression of a debate about whether financial intermediaries do exist.

The last sentence in the summary is incomplete


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Nuno Barrau has published scholarly research which seems to be relevant to this Wikipedia article:


  • Reference : Galo Nuno & Carlos Thomas, 2012. "Bank leverage cycles," Banco de Espaa Working Papers 1222, Banco de Espaa.

ExpertIdeasBot (talk) 18:49, 27 June 2016 (UTC)