위기 이후 금융중개와 금융제도 변천 및 한국에 대한 시사점
Financial Intermediation and the Post-Crisis Financial System with Implications for Korea
Securitization was meant to disperse credit risk to those who were better able to bear it. In practice, securitization appears to have concentrated the risks in the financial intermediary sector itself. This paper outlines an accounting framework for the
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