Financial Integration and Liquidity Crises
收藏NBER2017-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23359
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The paper analyzes the effects of financial integration on the stability of the banking system. Financial integration allows banks in different regions to smooth local liquidity shocks by borrowing and lending on a world interbank market. We show under which conditions financial integration induces
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美国国家经济研究局创建时间：
2017-05-01
