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From sub-primes to global meltdown -- Long waves, structural crises, and credit-money -- The foundations of finance-led capitalism -- Financialization revisited : a meso-economic approach -- Shadow banking as network finance -- The international monetary system in flux -- Re-regulation...
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Financial markets in Europe become more and more integrated. The persisting fragmentation of financial supervision, however, constitutes a lasting obstacle to integration. The aim of this paper is to assess these costs of supervisory fragmentation. We find clear evidence for the existence of...
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