Browsing Τμήμα Οικονομικών / Department of Economics by Subject "Activity restrictions"
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Article
Which banks smooth and at what price?
(Elsevier, 2020-12)By adjusting lending, banks can smooth the macroeconomic impact of deposit fluctuations. This may, however, lead to extended periods of disproportionately high lending relative to deposit intake and, under certain conditions, ...