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quality of banks' financial intermediation in the regions of one economy only: Germany. To approximate the quality of … banking pillars active in Germany. …
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model the dynamics of money supply in Germany. Additional analysis with regard to the influence of financial innovations on …This paper investigates the stability of the German money supply focusing on the period 1991 - 1998. It is shown that … the control of money supply yields evidence that the influence of financial innovations on the multiplier has increased …
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