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The paper uses finance and agency theory to establish two main propositions: First, that the...

We study models that display growth with financial deepening and increasing inequality along the...

Long-term relationships between business firms and investment banks are pervasive in developed...

This study looks at the first two years of the banking crisis that erupted in Indonesia in late...

Statistical measures of the volatility of exchange rates, interest rates, and stock prices are...

This paper analyses the process of disintermediation, the progress in consolidation, the impact...