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Should Wall-Street be occupied ? an overlooked price externality of financial intermediation (English)

Abstract

Does an unregulated financial system absorb too many productive inputs? This paper studies this question in the context of a dynamic model with heterogeneous producers. In the absence of a financial system, the only way to purchase inputs is using internal... See More +

Details

  • Eden, Maya;
  • 2012/05/01
  • Policy Research Working Paper
  • WPS6059
  • 1
  • 1
  • World
  • The World Region
  • 2012/05/01
  • Should Wall-Street be occupied ? an overlooked price externality of financial intermediation
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