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Journal Articles
Journal Articles
Journal of Financial Economic Policy (2016) 8 (2): 163–182.
Published: 03 May 2016
... E52 L16 O16 O50 Banks play a fundamental role in the financial system’s ability to extend and expand credit, thereby benefiting the entire economy. Beyond equating savings and investment, the microstructure of banks causes heterogeneity among the markets in which they operate. There may...

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