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State banks, institutions and financial development

We present a locational model of banking with two types of private banks, honest and opportunistic, and a state bank that is assumed to be less efficient. Opportunistic banks choose whether to honor their contracts with depositors depending on the probability of contract enforcement. We derive three...

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Bibliographic Details
Main Authors: Svetlana Andrianova, Panicos Demetriades, Anja Shortland
Format: Default Preprint
Published: 2002
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Online Access:https://hdl.handle.net/2134/367
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