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Author

E. Jiang

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Review Aug 2026

Interest Rate Risk, Bank Stability, and Valuation

This article surveys recent theoretical and empirical advancements on the impact of interest rates on bank valuations and stability—two crucial concerns for financial researchers, policy makers, and regulators. We begin by highlighting the distinctive feature of the regional banking crisis of 2023—the prevalence of liq...

E. Jiang, Gregor Matvos, T. Piskorski et al. · 0 citations

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