Narrow Banking with Modern Depository Institutions

Hugo Rodríguez shows how narrow banking could be implemented without affecting intermediation by depository institutions.
Hugo Rodríguez shows how narrow banking could be implemented without affecting intermediation by depository institutions.
How does bank size relate to the quality of loans? New work by Hugo Rodríguez Mendizábal presents evidence of a large and opposite relationship in loan quality between large and small banks in the U.S.