Bank Capital Regulation in General Equilibrium
收藏NBER1995-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5244
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资源简介：
We study whether the socially optimal level of stability of the banking system can be implemented with regulatory capital requirements in a multi-period general equilibrium model of banking. We show that: (i) bank capital is costly because of the unique liquidity services provided by demand deposits
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美国国家经济研究局创建时间：
1995-08-01
