NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Behavioral Model of Demandable Deposits and its Implications for Financial Regulation

Julio J. Rotemberg

NBER Working Paper No. 16620
Issued in December 2010

---- Acknowledgements -----

I wish to thank Robin Greenwood and workshop participants at the University of Montreal for helpful comments and suggestions. All errors are my own. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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