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reorganization or dissolution of many early public banks. A prominent exception was the Bank of England, whose adept management of a …
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dissolution of many early public banks. A prominent exception was the Bank of England, whose adept management of a fiscally backed …
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The early 20th century United States provides an opportunity to determine whether imposing capital requirements on commercial banks promotes banking stability in the long run. The structure of the national banking system facilitates inference using a regression discontinuity design. The...
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