FINANCE
Edited by R.A. Jarrow, V. Maksimovic and W.T. Ziemba
CHAPTER 32
Financial Intermediation and the Market for Credit
A.V. Thakor
1. Introduction*
2. Brokerage and financial intermediaries
3. Qualitative asset transformation and financial intermediation
4. Guarantees, QAT and financial intermediation
5. Liquidity creation and claims transformation
6. Conclusions
Acknowledgments
References
* The first two pages of the chapters are available as PDF file.
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