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A welfare comparison of intermediaries and financial markets in Germany and the US
16 references·16 citing·35 second hopsampled
A welfare comparison of intermediaries and financial markets in Germany and the US (1995)A welfare comparison of intermediaries an…The Theory of Economic Development (2016)The Theory of Economic Develo…The Theory of Economic Development (2003)The Theory of Economic Develo…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…Noise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)The Dividend-Price Ratio and …Stock Prices, Earnings, and Expected Dividends (1988)Stock Prices, Earnings, and E…The Capital Structure Puzzle (1984)The Capital Structure PuzzleThe Capital Structure Puzzle (1984)The Capital Structure PuzzleFinancial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Do Stock Prices Move Too Much…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Efficient Capital Markets: A …National culture and bank performance: Evidence from the recent financial crisis (2017)National culture and bank per…The systemic risk of European banks during the financial and sovereign debt crises (2015)The systemic risk of European…Finance and growth: Time series evidence on causality (2014)Finance and growth: Time seri…Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market (2012)Universal Banks and Corporate…Information flows within financial conglomerates: Evidence from the banks–mutual funds relation (2008)Information flows within fina…The Euro-area Financial System: Structure, Integration, and Policy Initiatives (2003)The Euro-area Financial Syste…Banks and Markets: The Changing Character of European Finance (2003)Banks and Markets: The Changi…Banks and Markets: The Changing Character of European Finance (2003)Banks and Markets: The Changi…Information Externalities and the Role of Underwriters in Primary Equity Markets (2002)Information Externalities and…Does Financial Structure Matter for Economic Growth? 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References

  • 2003The Theory of Economic Development22,513 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?4,020 cited
  • 1988The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors3,784 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1984The Capital Structure Puzzle3,151 cited
  • 2016The Theory of Economic Development2,953 cited

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1988
Stock Prices, Earnings, and Expected Dividends
2,457 cited

Cited by

  • 2003Banks and Markets: The Changing Character of European Finance256 cited
  • 2008Information flows within financial conglomerates: Evidence from the banks–mutual funds relation249 cited
  • 1999Disintermediation and the Role of Banks in Europe: An International Comparison244 cited
  • 2003The Euro-area Financial System: Structure, Integration, and Policy Initiatives241 cited
  • 2002Information Externalities and the Role of Underwriters in Primary Equity Markets236 cited
  • 2015The systemic risk of European banks during the financial and sovereign debt crises206 cited
  • 1998Moral Hazard under Commercial and Universal Banking205 cited
  • 1998Emerging stock markets, portfolio capital flows and long-term economie growth: Micro and macroeconomic perspectives191 cited
  • 2003Banks and Markets: The Changing Character of European Finance185 cited
  • 1998What Determines the Number of Bank Relationships? Cross-Country Evidence177 cited
  • 2012Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market163 cited
  • 1997Banking Scope and Financial Innovation159 cited
  • 1999Optimal Bankruptcy Laws Across Different Economic Systems147 cited
  • 2014Finance and growth: Time series evidence on causality140 cited
  • 2001Does Financial Structure Matter for Economic Growth? A Corporate Finance Perspective137 cited
  • 2017National culture and bank performance: Evidence from the recent financial crisis133 cited