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for the 3% capital requirement world, compute the depositors' expected returns in the absence of deposit insurance, (b) find the equity requirements that result in
for the 3% capital requirement world, compute the depositors' expected returns in the absence of deposit insurance, (b) find the equity requirements that result in a 0% return for the bank
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Labor Economics
Authors: George J. Borjas
6th edition
73523208, 2900073523209 , 978-0073523200
