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growing gap between deposits above lending and has compressed interest margins as the traditional source of bank's income …
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the bank resolution policy adopted during the crisis. The paper focuses on three issues: the causes and consequences of … the financial crisis, the policy response concerning bank resolution, and the applicability of the Swedish model of bank …
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There are two major failings in policy interventions in the crisis in the US and Europe: the reluctance to remove the debt overhang through timely, orderly and comprehensive restructuring and the shift to fiscal austerity after an initial reflation. These have resulted in excessive reliance on...
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