Multiple Avenues of Intermediation, Corporate Finance and Financial Stability /
Using data from the US, UK, Japan and Canada, this paper provides evidence on the benefits to an economy from "multiple avenues of intermediation". The overall conclusion is that the existence of active securities markets alongside banks is indeed beneficial to the stability of corporate f...
| Yazar: | |
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2001/115 |
| Online Erişim: | Full text available on IMF |