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Financial Market Liberalisation, Wealth and Consumption

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/financial-market-liberalisation-wealth-and-consumption_586625524684.html
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The past two decades have seen substantial deregulation in the financial sectors of most OECD countries. The main motivation was to improve efficiency within the financial system, but the macroeconomic implications might go beyond this objective with impacts on the business cycle and the transmission mechanisms of monetary and fiscal policies....
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