| 000 | 01508nam a22002657a 4500 | ||
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| 003 | arcduce | ||
| 005 | 20200824233308.0 | ||
| 008 | 101207s2001 dcu||||| |||| 00| 0 eng d | ||
| 040 |
_aarcduce _carcduce |
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| 082 | 0 |
_221 _a332.66 |
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| 100 | 1 |
_91143 _aAnand, Bharat Narendra, _d1966- |
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| 245 | 1 | 0 |
_aInvestment banking and security market development : _bdoes finance follow industry? / _cprepared by Bharat N. Anand and Alexander Galetovic. |
| 260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c2001 |
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| 300 | _a25 p. | ||
| 490 | 0 |
_aIMF working paper ; _vno. WP/01/90 |
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| 504 | _aBibliografía: p. 23-25. | ||
| 520 | _aLong-term relationships between business firms and investment banks are pervasive in developed security markets and there is evidence that better monitoring and information result from these relationships. Therefore, security markets should allocate resources better when an investment banking industry exists. We study the necessary conditions for the emergence of sustainable relationships and whether policy can foster them. We show that policy can help alleviate the costs of relationships, but an investment banking industry will not emerge with only a small number of large firms. | ||
| 650 | 4 |
_aBANCOS DE INVERSION _91128 |
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| 650 | 4 |
_aMERCADO DE VALORES _91103 |
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| 650 | 4 |
_aMODELOS ECONOMICOS _9381 |
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| 700 | 1 |
_91126 _aGaletovic, Alexander |
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| 856 | 4 | _uhttp://www.imf.org/external/pubs/ft/wp/2001/wp0190.pdf | |
| 942 |
_2ddc _cDOCU |
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| 945 |
_aBEA _d2010-12-07 |
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| 999 |
_c22211 _d22211 |
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