An Adverse Selection Model of Bank Asset and Liability Management with Implications for the Transmission of Monetary Policy
收藏NBER1995-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5217
下载链接
链接失效反馈官方服务：
资源简介：
This paper develops a model of bank asset and liability management, based on the idea that information problems make it difficult for banks to raise funds with instruments other than insured deposits. The model can be used to address the question of how monetary policy works. One effect it captures
提供机构：
美国国家经济研究局
创建时间：
1995-08-01
