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Browsing ADEMU Working Papers Series by Subject "Bank opacity"

Browsing ADEMU Working Papers Series by Subject "Bank opacity"

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  • Jungherr, Joachim (2016-03)
    This paper studies a model of endogenous bank opacity. In the model, bank opacity is costly for society because it reduces market discipline and encourages banks to take on too much risk. This is true even in the absence ...

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