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...
| 主要作者: | |
|---|---|
| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| 叢編: | IMF Working Papers; Working Paper ;
No. 2001/115 |
| 在線閱讀: | Full text available on IMF |