Kotz, Hans-Helmut; Schäfer, Dorothea - In: Vierteljahrshefte zur Wirtschaftsforschung 86 (2017) 2, pp. 89-98
by arms' length (capital-market oriented) interaction between providers and users of funds, in Europe, in many cases …, bank intermediation dominates. However, fragile, capital-constrained banks also meant a curtailed supply of funds, an issue … capital markets (in particular through securitization) should support medium-run growth perspectives, especially in peripheral …