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Liquid Assets in Banks: Theory and Practice Guillermo ...
fmwww.bc.eduLiquid Assets in Banks: Theory and Practice Guillermo Alger and Ingela Alger No v em ber 1999 Abstract This pap er summarizes theoretical ndings on the determinan ts of liquid assets held b y banks. The ndings are summarized in a series of predictions, some of whic h are tested using a panel data set on Mexican banks. Surprisingly,w