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2022-09-28 – SNB Working Papers – Systemic bank runs without aggregate risk: how a misallocation of liquidity may trigger a solvency crisis

Swiss National Bank September 28, 2022 SNB News

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About Swiss National Bank
Swiss National Bank
The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.
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