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Keywords: Market-based system
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Journal Articles
Journal of Economic Studies (2019) 46 (6): 1280–1291.
Published: 14 October 2019
... financing and the business cycle with respect to the financial structure of the bank-based and market-based systems in European countries by using bank-level data from 2007 to 2011. Design/methodology/approach The study employs an innovative instrumenting technique with an instrument of the financial...

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