Prudential Policy with Distorted Beliefs
收藏NBER2021-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28879
下载链接
链接失效反馈官方服务：
资源简介：
This paper studies leverage regulation and monetary policy when equity investors and/or creditors have distorted beliefs relative to a planner. We characterize how the optimal leverage regulation responds to arbitrary changes in investors' and creditors' beliefs and relate our results to practical
提供机构：
美国国家经济研究局创建时间：
2021-06-01
