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Informal Financial Networks: Theory and Evidence

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NBER2002-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8874
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资源简介:
We develop a model of informal financial networks and present corroborating evidence by studying the role of professional property brokers in the U.S. commercial real estate market. Our model demonstrates how service intermediaries, who do not supply finance themselves, can facilitate their clients'
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2002-04-01
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