Information Reliability and a Theory of Financial Intermediation

作者: Ram T. S. Ramakrishnan , Anjan V. Thakor

DOI: 10.2307/2297431

关键词: Financial marketProduction (economics)MicroeconomicsIdentification (information)IntermediationInformation reliabilityFinancial intermediaryWelfareEconomicsAppeal

摘要: … This paper is an analysis of when it will be beneficial for agents engaged … financial market framework, thus leading to an identification of conditions sufficient for the existence of financial …

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