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Persistent link: https://www.econbiz.de/10000131523
In the context of a model that distinguishes between large money center banks and smaller regional banks, we show that the percentage of a country's debt held by the large banks affects the secondary market price of that country's debt: the higher the concentration of the debt, the higher the...
Persistent link: https://www.econbiz.de/10012475361
In the context of a model that distinguishes between large money center banks and smaller regional banks, we show that the percentage of a country's debt held by the large banks affects the secondary market price of that country's debt: the higher the concentration of the debt, the higher the...
Persistent link: https://www.econbiz.de/10012762703
Persistent link: https://www.econbiz.de/10013416139