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Prudential Supervision: Why Is It Important and What are the Issues?

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NBER2000-09-01 更新2025-01-04 收录
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This paper outlines what problems asymmetric information creates for the financial system and shows and shows that the presence of asymmetric information explains why banks are so important. The paper then goes on to explain why prudential supervision of these institutions is needed, and what forms

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2000-09-01
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