Business Groups: Panics, Runs, Organ Banks and Zombie Firms
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Business groups often contain banks or near banks that can protect group firms from economic shocks. A group bank subordinate to other group firms can become an organ bank that selflessly bails out distressed group firms and anticipates a government bailout. A group bank subordinating other group
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美国国家经济研究局创建时间：
2021-07-01
