Private Equity and Financial Stability: Evidence from Failed Bank Resolution in the Crisis
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This paper investigates the role of private equity (PE) in failed bank resolutions after the 2008 financial crisis, using proprietary FDIC failed bank acquisition data. PE investors made substantial investments in underperforming and riskier failed banks, particularly in geographies where local
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美国国家经济研究局创建时间：
2021-05-01
