Government Guarantees and the Valuation of American Banks

Andrew G. Atkeson, Adrien d'Avernas, Andrea L. Eisfeldt, Pierre-Olivier Weill

NBER Working Paper No. 24706
Issued in June 2018

---- Acknowledgments ----

All errors are ours. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Andrea L. Eisfeldt ----

I have a long-term consulting relationship with AQR.

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