A Contracting-Theory Interpretation of the Origins of Federal Deposit Insurance
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下载链接：
https://www.nber.org/papers/w6451
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资源简介：
Conventional wisdom holds that the enactment of federal deposit insurance helped small rural banks at the expense of large urban institutions. This paper uses asymmetric information, agency-cost paradigms from corporate finance theory and data on bank stock prices to show how deposit insurance could
提供机构：
美国国家经济研究局
创建时间：
1998-03-01
