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| Tekijä: | Kashyap, A.K. Rajan, R. Stein, J.C. |
| Otsikko: | Banks as liquidity providers: an explanation for the coexistence of lending and deposit-taking |
| Lehti: | Journal of Finance
2002 : FEB, VOL. 57:1, p. 33-73 |
| Asiasana: | BANK LENDING COMMERCIAL BANKS LIQUIDITY |
| Vapaa asiasana: | DEPOSIT |
| Kieli: | eng |
| Tiivistelmä: | 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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