This notes on study the impact of political intervention on a financial system that consists ofbanks and financial markets and develops over time. In this financial system, banks and markets exhibit three forms of interaction: they compete, they complement each other, and they co-evolve. Co-evolution is generated by two new ingredients of financial system architecture relative to the existing theories : securitization and risk-sensitive bank capital...
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详细
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2012/04/27
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日志文章
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112391
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1
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1
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2017/02/28
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Disclosed
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Notes on financial system development and political intervention
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political intervention