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Financial Sophistication and Bank Market Power

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NBER2024-10-01 更新2025-01-04 收录
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We study the relation between bank funding costs and the financial sophistication of bank customers. In doing this, we make use of a natural experiment that allows us to identify banks thateither intentionally or unintentionallyprice time deposits in a way that can result in financially

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2024-10-01
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