LIBROS DEL AUTOR: laura chiaramonte

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  • Bank Liquidity and the Global Financial Crisis
    Laura Chiaramonte
    One of the lessons learned from the Global Financial Crisis of 2007-9 is that minimum capital requirements are a necessary but inadequate safeguard for the stability of an intermediary. Despite the high levels of capitalization of many banks before the crisis, they too experienced serious difficulties due to insufficient liquidity buffers. Thus, for the first time, after the GF...
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