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Cataloged Resource Summary

 

Title

Bank Runs

Author

George G. Kaufman

Category

Macroeconomics and Monetary Economics

Type

Article

Description

A run on a bank occurs when a large number of depositors, fearing that their bank will be unable to repay their deposits in full and on time, try to withdraw their funds immediately. This article describes how the danger of bank runs has been overstated.

URL

http://www.econlib.org/library/Enc/BankRuns.html
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