Visualitza Departament: Economia per autoria "9fc5fedb-5dbb-46a2-9e64-43a2468e7aae"
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Financial Integration and Liquidity Crises
Castiglionesi, Fabio; Feriozzi, Fabio; Lorenzoni, Guido Informs (2019-03)This paper analyzes the effects of financial integration on the stability of the banking system. Financial integration allows banks in different regions to smooth local liquidity shocks by borrowing and lending on a world ...