Which Trading Assets Drove Too-Big-to-Fail Subsidies During the 2007–2009 Crisis?
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[Note: The version as of May 6, 2021 corrects an error in the calculation of the subsidy, elaborates on the discussion of the method used to calculate the subsidy, updates the empirical results and corrects a few minor typos in the text.] After the 2007–2009 crisis,
Which Trading Assets Drove Too-Big-to-Fail Subsidies During the 2007–2009 Crisis?
Which Trading Assets Drove Too-Big-to-Fail…
Which Trading Assets Drove Too-Big-to-Fail Subsidies During the 2007–2009 Crisis?
[Note: The version as of May 6, 2021 corrects an error in the calculation of the subsidy, elaborates on the discussion of the method used to calculate the subsidy, updates the empirical results and corrects a few minor typos in the text.] After the 2007–2009 crisis,