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Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States
Journal of Finance, 2010exaly
Despite the financial liberalization agenda of the mid-1980s, a system of bank oligopolies has developed in both large and small, open developing economies. Mainstream monetary theory tends to assume a capital markets structure and is therefore not well suited to an analysis of these economies. This book outlines a unique theoretical framework that can
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How does capital affect bank performance during financial crises?
Journal of Financial Economics, 2013exaly