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    Liquidity Risk, Bank Networks, and the Value of Joining the Federal Reserve Syst

    • Item No : 146666599643
    • Condition : Brand New
    • Brand : No brand Info
    • Seller : the_nile
    • Current Bid : US $23.41

    • * Item Description

    • Reducing systemic liquidity risk related to seasonal swings in loan demand was one reason for the founding of the Federal Reserve System. Nevertheless, less than 8 percent of state-chartered banks joined the Federal Reserve in its first decade.
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