Wholesale funding, coordination, and credit risk

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Zhang, Lei; Zhang , Lin; Zheng, Yong;
(2013)
  • Publisher: Department of Economics, University of Warwick
  • Subject: HB | HG

We use the global games approach to study key factors affecting the credit risk\ud associated with roll-over of bank debt. When creditors are heterogenous, these include\ud the extent of short-term borrowing and capital market liquidity for repo financing.\ud Specifically,... View more
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