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Published in 2020 at "Journal of Finance"
DOI: 10.1111/jofi.12896
Abstract: Exposure to liquidity risk makes banks vulnerable to runs from both depositors and from wholesale, short-term investors. This paper shows empirically that banks are also vulnerable to run-like behavior from borrowers who delay their loan…
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Keywords:
judicial efficiency;
efficiency loan;
loan;
bank quality ... See more keywords