Bank Fraud and Financial Intermediation: A Supply-side Causality Analysis
This paper investigates supply-side fraud elasticities of financial intermediation. Three rationales that make intermediation inevitable in modern economics were identified as dependent variables: reduction of transaction cost, transformation of risk, and transformation of liquidity. They were repre...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Athens Institute for Education and Research
2018-01-01
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| Series: | Athens Journal of Business & Economics |
| Subjects: | |
| Online Access: | https://www.athensjournals.gr/business/2018-4-1-5-Dagogo.pdf |