Can Money Market Mutual Funds Provide Sufficient Liquidity to Replace Deposit Insurance?
本文档由 纺织服装文库 分享于2010-10-23 21:41
Narrow banking is an arrangement in which deposit- taking and lending functions are separated and performed by different institutions. This separation is aimed at avoiding panics at uninsured banks, without moral hazard associated with deposit insurance. Money Market Mutual Funds (MMMFs) are promoted as replacements for bank deposits. For MMMFs to compete with ban..
君,已阅读到文档的结尾了呢~~