@techreport{CirelliOlafsson2025,
  author       = {Cirelli, Fernando and Olafsson, Arna},
  title        = {What Makes Depositors Tick? Bank Data Insights into Households’ Liquid Asset Allocation},
  institution  = {CEPR Discussion Paper},
  year         = {2025},
  number       = {DP20612},
  address      = {Paris and London},
  publisher    = {CEPR Press},
  url          = {https://cepr.org/publications/dp20612}
}