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BANKING AND BANKING DEVELOPMENTS SERIES FINANCIAL INSTITUTIONS IN T URMOIL CARL D. A SPELIN EDITOR Nova Science Publishers, Inc. New York CONTENTS Preface ...
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systemic risks 9 1 Unstable banking 11 1.1 Bank runs 13 … 1.5 The coordinative failure and the trigger of bank run 31 2 Financial network, interconnectedness, and contagion … liquidity risks 57 3.1 The maturity mismatch and liquidity 59 3.2 The constrained efficiency 62 3 …
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