Levieuge, Grégory; Pollin, Jean-Paul - In: Vierteljahrshefte zur Wirtschaftsforschung 86 (2017) 1, pp. 29-41
This paper deals with the causes and consequences of the financial disintermediation that for some time has been taking place in Europe, particularly since the last financial crisis. Firstly, we present the evolution of bank and capital markets funding, which can be largely explained by the...