FINANCIAL INTERMEDIATION COSTS: EFFECTS ON BUSINESS CYCLES,DELAYED RECOVERIES AND RELATIVE CONSUMPTION VOLATILITY
This dissertation explores a largely ignored phenomenon, nancial intermediation costs, and their e¤ects on business cycles. By constructing a unique micro level, high frequency dataset that contains intermediation cost breakdowns, this dissertation enables the study of financial intermediation cos...
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| Format: | Others |
| Language: | en |
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VANDERBILT
2013
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| Online Access: | http://etd.library.vanderbilt.edu/available/etd-05152013-005328/ |