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Central Banks and the Rise of Collateral

Central Banks and the Rise of Collateral

AuthorK. Nyborg
Date01 Jun. 2017
CategoryRoundups
Central Banks and the Rise of Collateral

Is cash still “king”, or will the growing importance of collateral see that old adage rewritten? What role do regulation and in particular little understood central bank “collateral frameworks” have to play in this revolution?

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