A Macroeconomic Model with Financially Constrained Producers and Intermediaries
收藏NBER2018-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24757
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资源简介:
How much capital should financial intermediaries hold? We propose a general equilibrium model with a financial sector that makes risky long-term loans to firms, funded by deposits from savers. Government guarantees create a role for bank capital regulation. The model captures the sharp and
提供机构:
美国国家经济研究局
创建时间:
2018-06-01



