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Financial Market Drift: Decoupling of the Financial Sector from the Real Economy?
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by
Lukas Menkhoff, Norbert Tolksdorf
International financial markets play an increasing role in the mind of the general public, much more than they did a few decades ago. There can be no doubt that the size of financial markets has grown at a faster pace than the markets for goods and services in the past ten or twenty years. However, it is still unclear whether this is a desirable ...
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