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Information, Finance, and Markets: The Architecture of Allocative Mechanisms

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NBER1991-03-01 更新2025-01-04 收录
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While bankers and businessmen have long recognized the importance of finance. financial constraints, and financial institutions, they have played a secondary role in neoclassical economic theory. This paper identifies the economic functions with which financial institutions have been concerned, the

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1991-03-01
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