Bank Heterogeneity and Financial Stability
收藏NBER2020-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w27376
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资源简介:
We study how heterogeneity in banks asset holdings affects fragility. In the model, banks face a risk of bank runs and have to liquidate long-term assets in a common market to repay runners. Liquidation prices are depressed when many banks sell their assets at the same time. When banks are
提供机构:
美国国家经济研究局
创建时间:
2020-06-01



