Bank Runs and Interest Rates: A Revolving Lines Perspective
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https://www.nber.org/papers/w34879
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资源简介:
Revolving credit is at the core of the banking business. Corporate revolving lines are demandable claims; thus, similar to a traditional run on deposits, sudden and widespread drawdowns can destabilize banks. However, unlike deposits, credit line utilization exhibits substantial interest rate
提供机构:
美国国家经济研究局
创建时间:
2026-02-01



