search query: @author Rajan, R. / total: 5
reference: 2 / 5
| Author: | Kashyap, A.K. Rajan, R. Stein, J.C. |
| Title: | Banks as liquidity providers: an explanation for the coexistence of lending and deposit-taking |
| Journal: | Journal of Finance
2002 : FEB, VOL. 57:1, p. 33-73 |
| Index terms: | BANK LENDING COMMERCIAL BANKS LIQUIDITY |
| Freeterms: | DEPOSIT |
| Language: | eng |
| Abstract: | What ties together the traditional commercial banking activities of deposit-taking and lending? The authors argue that since banks often lend via commitments, their lending and deposit-taking may be two manifestations of one primitive function: the provision of liquidity on demand. |
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