Optimal Bank Reserve Remuneration and Capital Control Policy
收藏NBER2021-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29473
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资源简介：
A central prediction of open economy models with a pecuniary externality due to a collateral constraint is that the unregulated economy overborrows relative to what occurs under optimal policy. A maintained assumption in this literature is that households borrow directly from foreign lenders. This
提供机构：
美国国家经济研究局
创建时间：
2021-11-01
