Theorising non-bank financial intermediation
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DOI: 10.4337/roke.2024.02.04
Abstract: The expansion of non-bank financial intermediation (NBFI) presents a challenge for monetary theories which emphasise the macroeconomic significance of commercial bank lending. The heterodox literature which has emerged since the 2008 crisis falls roughly into… read more here.
Keywords: non bank; theorising non; financial intermediation; bank ... See more keywords