The Dynamics of Deposit Flightiness and its Impact on Financial Stability
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We document that deposit flightiness varies significantly over time, peaking after Covid-19. Elevated deposit flightiness coincides with QE and low interest rates. We rationalize these trends based on heterogeneity in investors convenience value. Investors in the banking system value the convenience
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美国国家经济研究局创建时间：
2025-08-01
