Liquidity Shortages and Banking Crises
收藏NBER2002-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8937
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资源简介：
Banks can fail either because they are insolvent or because an aggregate shortage of liquidity can render them insolvent. We show that bank failures can themselves cause liquidity shortages. The failure of some banks can then lead to a cascade of failures and a possible total meltdown of the system.
提供机构：
美国国家经济研究局
创建时间：
2002-05-01
