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Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking

Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking. Viral V. Acharya London Business School and CEPR With Denis Gromb and Tanju Yorulmazer April 17, 2008. Outline.

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Imperfect Competition in the Inter-Bank Market for Liquidity as a Rationale for Central Banking