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Banks and Markets: The Changing Character of European Finance

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NBER2003-03-01 更新2025-01-04 收录
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In the last two decades the European financial markets have become more market oriented. We analyze the economic and political forces that have triggered these changes as well as their likely welfare implications. We also try to assess whether this trend will continue. Based on our analysis, we

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2003-03-01
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