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Why do retail consumers look for P2P financial intermediation? Are internetbased peer-to-peer (P2P) loans a substitute for or a complement to bank loans? In this study we answer these questions by comparing P2P lending with the nonconstruction consumer credit market in Germany. We show that P2P...
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both acquisitions that were completed and ones that were disallowed or withdrawn. The research also reviewed China's recent … understanding of China's investment patterns and to develop a methodology to improve the assessment of whether proposed investments … objectives. -- Chapter two: China, the United States, and the global economy. -- Chapter three: China's recent and prospective …
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How should monetary policy be optimally designed in an environment with high degrees of financial globalization? To answer this question we lay down an open economy model where net lending toward the rest of the world is constrained by a collateral constraint motivated by limited enforcement....
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