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Sergio Correia

Senior Economist · Federal Reserve Bank of Richmond

Senior Economist in the Research Department of the Federal Reserve Bank of Richmond, previously at the Federal Reserve Board. He works on banking, corporate finance and economic history, and holds a PhD in Finance from Duke.

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Published Quarterly Journal of Economics Online 8 Sep 2025 Published Jan 2026

Failing Banks

Sergio Correia · Stephan Luck · Emil Verner

Correia, Luck, and Verner ask a foundational question in banking: why do banks fail? Specifically, they seek to adjudicate between two theoretical views — the solvency view (failures caused by …

Banking Credit Macroeconomics Free Read ↗