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Financial market drift

Decoupling of the Financial Sector from the Real Economy?

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International financial markets play an increasingly important role. There can be no doubt that over the past twenty years the size of financial markets have grown at a faster pace than the size of the markets for goods and services. However, it is still unclear whether this is a desirable development. This book discusses the debate on the possible separation of the financial sector and real economy. The text makes use of established scientific research.

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Financial market drift, Lukas Menkhoff

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2001
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