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Wholesale Banking and Bank Runs in Macroeconomic Modelling of Financial Crises

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NBER2016-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21892
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There has been considerable progress in developing macroeconomic models of banking crises. However, most of this literature focuses on the retail sector where banks obtain deposits from households. In fact, the recent financial crisis that triggered the Great Recession featured a disruption of
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2016-01-01
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