Why do you think banks have so much more leverage than non-financial firms?

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Contemporary Financial Intermediation

ISBN: 9780124052086

4th Edition

Authors: Stuart I. Greenbaum, Anjan V. Thakor, Arnoud Boot

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Question Posted: Jan 12, 2024 04:00 AM

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Why do you think banks have so much more leverage than non-financial firms?

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Possible reasons for banks preference for high leverage a Tax benefits i Debt has ta...View the full answer

Contemporary Financial Intermediation

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