The Development of Opacity in U.S. Banking
NBER Working Paper No. 19540
---- Acknowledgements -----
This paper draws on ideas in joint work with Tri Vi Dang, Bengt Holmström and Guillermo Ordonez to whom I am very grateful. Thanks to Yiming Ma and Arwin Zeissler for research assistance. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.