..., banks still must adjust their deposit rate to changes in the short rate. For example, if short-term interest rates increase and bank deposit rates do not increase in kind, some depositors will switch to liquid money market funds (Xiao, 2020). Bank deposit betas are widely used in academic research...

...). Bank deposits Competition COVID-19 pandemic Financial crisis Funding liquidity risk G21 G28 How market structure in the banking sector drives the risk-taking behaviors of individual banks is a well-positioned literature segment that has attracted considerable attention from academic...