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. Upon the arrival of a signal about banks' future defaults, investors update their expectations of bank solvency. If their …
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. Upon the arrival of a signal about banks' future defaults, investors update their expectations of bank solvency. If their …
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. Upon the arrival of a signal about banks' future defaults, investors update their expectations of bank solvency. If their …
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. Upon the arrival of a signal about banks' future defaults, investors update their expectations of bank solvency. If their …
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rollover decision on a signal revealing potential future bank defaults. We show that, depending on the size of costs banks …
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