Is there a Role for Funding in Explaining Recent U.S. Banks' Failures?

Is there a Role for Funding in Explaining Recent U.S. Banks' Failures?
This paper tests the role of different banks'' liquidity funding structures in explaining the banks'' failures, which occurred in the United States between 2007 and 2009. The results highlight that funding is indeed a significant factor in explaining banks'' probability of default. By confirming the role of funding as the driver of banking crisis, READ MORE...

Publication date: July 2011
ISBN 9781462311286
$18.00

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