Is Maturity-Transformation Risk Priced into Bank Deposit Rates?
收藏NBER2024-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w32724
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资源简介：
We use the term structure of bank CD rates to examine whether maturity-transformation risk is priced into the rates banks offer customers. We find that depositors pay a significant cost for the liquidity provided by bank deposits. This cost is strongly related to the amount of maturity
提供机构：
美国国家经济研究局
创建时间：
2024-07-01
