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Showing 1 to 2 of 2 for “"TBTF"”.
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Essays on Banking and the Macroeconomic Effects of Financial Intermediation
… a bank capital channel and that Too-Big-To-Fail (TBTF) policies helped the economy avoid a deeper recession by reducing the effects of this channel in the case of big banks. In my model, when the banking sector is hit with a negative systemic shock, small banks contract their lending during the …