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Evolution of Debt Financing toward Less-Regulated Financial Intermediaries in the United States

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NBER2024-02-01 更新2025-01-04 收录
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Nonbank lenders have been playing an increasing role in supplying debt, especially after the Great Recession. How important are the distortions in the greater regulation of banks that differentially limit risk-taking across alternative providers of credit? How might the growing role of nonbanks in

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2024-02-01
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