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Accelerating Inflation, Technological Innovation, and the Decreasing Effectiveness of Banking Regulation

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NBER1981-03-01 更新2025-01-04 收录
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To explain the evolution of U.S. deposit institutions and markets in the 1960sand 1970s, we feed into the regulatory dialectic assumptions about the objectives of federal banking regulation and about outside forces that disturb the adjustment process. The disturbing exogenous forces are accelerating

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1981-03-01
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