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The Real Effects of Financial Markets

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NBER2011-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17719
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A large amount of activity in the financial sector occurs in secondary financial markets, where securities are traded among investors without capital flowing to firms. The stock market is the archetypal example, which in most developed economies captures a lot of attention and resources. Is the
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2011-12-01
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