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Bank Relationships, Business Cycles, and Financial Crises

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NBER2011-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17356
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The importance of information asymmetries in the capital markets is commonly accepted as one of the main reasons for home bias in investment. We posit that effects of such asymmetries may be reduced through relationships between banks established through bank-to-bank lending and provide evidence to
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2011-08-01
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