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We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete … in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase … expected aggregate liquidity needs, and thus the liquidity provision by the central bank. Comparative statics suggest that a …
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evaluation focused on CSF-funded projects carried out in Albania, Bosnia and Herzegovina, the former Yugoslav Republic of …
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, Bosnia and Herzegovina, Kosovo2, Serbia, Albania) and Turkey is a study and an evaluation on the sectors’ readiness (maturity …
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