IDEAS home Printed from https://ideas.repec.org/p/osf/socarx/rbqm9_v1.html
   My bibliography  Save this paper

Assets and infrastructures

Author

Listed:
  • Golka, Philipp

Abstract

Assets are central for the functioning of financial markets but have, to date, seen only little attention from scholars of financial infrastructures. This chapter seeks to address this shortcoming and argues that assets are important mediators between financial activity and financial infrastructures. To this end, this chapter draws on the notion of ‘boundary objects’ from science and technology studies to analyze the manifold interactions enabled by the asset form. To investigate the links between assets and financial infrastructures in more detail, this chapter distinguishes three stages in the lifecycle of assets. During assetization, emergent assets mediate between various professions as well as calculative infrastructures that enable their capitalization. During the second stage, asset management, assets mediate between various financial infrastructures and two crucial financial operations: trading, which introduces volatile asset prices, and layering, i.e. the production of new assets from existing assets. The third stage, deassetization, refers to the planned or unplanned dissolution or devaluation of assets and has so far received only little scholarly attention. Mapping and systematizing the manifold interconnections between assets and infrastructures that span across sociology, political economy and economic geography, this chapter also nurtures much-needed cross-disciplinary dialogue.

Suggested Citation

  • Golka, Philipp, 2024. "Assets and infrastructures," SocArXiv rbqm9_v1, Center for Open Science.
    • Handle: RePEc:osf:socarx:rbqm9_v1
    DOI: 10.31219/osf.io/rbqm9_v1
    as

    Download full text from publisher

    File URL: https://osf.io/download/6613b830943bee3171dfec82/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/rbqm9_v1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:socarx:rbqm9_v1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://arabixiv.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.