Big Banks and Macroeconomic Outcomes: Theory and Cross-Country Evidence of Granularity
收藏NBER2013-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19093
下载链接
链接失效反馈官方服务：
资源简介：
Does the mere presence of big banks affect macroeconomic outcomes? In this paper, we develop a theory of granularity (Gabaix, 2011) for the banking sector, introducing Bertrand competition and heterogeneous banks charging variable markups. Using this framework, we show conditions under which
提供机构：
美国国家经济研究局
创建时间：
2013-05-01
