New developments in information technology have simplified the assessment of individual borrowers creditworthiness. What are the likely

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New developments in information technology have simplified the assessment of individual borrowers’ creditworthiness. What are the likely consequences for the structure of the financial system? For monetary policy?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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