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Do Distressed Banks Really Gamble for Resurrection?

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NBER2019-05-01 更新2025-01-04 收录
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We explore the actions of financially distressed banks in two distinct periods that include financial crises (1985-1994, 2005-2014) and differ in bank regulations, especially concerning capital requirements and enforcement. In contrast to the widespread belief that distressed banks gamble for

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2019-05-01
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