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Essays on financial systems, banking crises and emerging markets

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Figure

FIGURE 3.2: Returns Structure of the Risky Portfolio for Bank i
FIGURE 3.5 :Net Payo¤ to Withdrawing
Figure 5.1 highlights the unique threshold in each bank. For the moment,
Figure 7.4 (illustrated above) summarises the net payo¤ structure of depositors

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