Financial markets, money, and banking


Journal Article (Review)

The study of financial markets, money, and banking is largely considered the purview of economics. Yet sociologists have contributed greatly to understanding financial relations since the early history of the discipline. This review begins with an overview of classical sociological approaches to financial markets, money, and banking and then describes how research in these areas exploded in recent decades. I describe the current state of research on money, relations among firms and banks, and interlocking directorates. I consider the ways financial relations shape firm behaviors and processes, and I describe the growing body of work that treats financial markets as outcomes. I discuss research on the transformation of financial systems during transition from state socialism, and I conclude with a discussion of a growing literature that combines studies of financial markets and social stratification.

Full Text

Duke Authors

Cited Authors

  • Keister, LA

Published Date

  • November 19, 2002

Published In

Volume / Issue

  • 28 /

Start / End Page

  • 39 - 61

International Standard Serial Number (ISSN)

  • 0360-0572

Digital Object Identifier (DOI)

  • 10.1146/annurev.soc.28.110601.140836

Citation Source

  • Scopus