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Financial Innovations in International Financial Markets

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NBER1987-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2277
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The central theme of this paper is that financial innovation has become a major force effecting the United States and other developed economies. The common features of the process include product innovation, securitization, liberalization of domestic financial market practices, globalization of
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1987-06-01
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