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Financial Market Imperfections and Productivity Growth

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NBER1989-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2945
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This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on failures in markets for the sale of equity securities and hence on the failure of markets which help firms diversify the risks of real investment. The paper examines separately situations
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1989-04-01
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