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the Bank's active part in the establishment of the National Finance Corporation in September 1949, which pioneered South Africa's money market; and the imposition of deposit rate control in March 1965 which, together with attendant control measures, profoundly altered the channels of credit and the...
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‘,.. a bank run in our model is caused by a shift in expectations, which could depend on almost anything, consistent with the apparently irrational observed behavior of people running on banks.’ Douglas W. Diamond and Philip H. Dybvig, ‘Bank Runs, Deposit Insurance and Liquidity’, Journ...
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