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The Passthrough of Treasury Supply to Bank Deposit Funding

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NBER2025-08-01 更新2025-08-30 收录
下载链接:
https://www.nber.org/papers/w34154
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资源简介:
We demonstrate the passthrough of Treasury supply to bank deposits through bank market power. We show that a larger Treasury supply crowds out deposits with disproportionate effects in more competitive deposit markets. A larger Treasury supply further curtails bank lending and affects bank funding
提供机构:
美国国家经济研究局
创建时间:
2025-08-01
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