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The Secular Decline of Bank Balance Sheet Lending

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NBER2024-02-01 更新2025-01-04 收录
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This paper examines the decline of the bank balance sheet model of financial intermediation since 1970 and its regulatory implications. The share of private lending on bank balance sheets fell from 55% in the 1970s to 33% in 2023, while the deposit share of savings dropped from 21% to 13%. Loans as

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2024-02-01
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