Banks as Monitors of Other Banks: Evidence from the Overnight Federal Funds Market
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- 1 January 2001
- journal article
- Published by University of Chicago Press in The Journal of Business
- Vol. 74 (1) , 33-57
- https://doi.org/10.1086/209662
Abstract
This study provides evidence that banks are effective monitors of their peers by showing that the interest rate paid on federal funds transactions reflects diff...Keywords
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