Risk Bearing, Implicit Financial Services and Specialization in the Financial Industry
NBER Working Paper No. 14614
---- Acknowledgements ----
The authors thank John Fernald, Dennis Fixler, Peter Fortune, Robert Inklaar, Marshall Reinsdorf and Paul Schreyer for their comments and suggestions. The opinions expressed here are those of the authors, and do not necessarily represent those of the Federal Reserve System or the National Bureau of Economic Research.