This paper studies the impact of competition on the determination of interest rates and banks’ risk-taking behavior under different assumptions about deposit

We study the impact of competition on banks' risk-taking behavior under different assumptions about deposit insurance and the dissemination of information. Whil

This paper studies two new models in which banks face a non-trivial asset allocation decision. The first model (CVH) predicts a negative relationship between ba

Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core the