The Aggregate Demand for Bank Capital
收藏NBER2020-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27858
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资源简介：
We propose a novel conceptual approach to transparently characterizing credit market outcomes in economies with multi-dimensional borrower heterogeneity. Based on characterizations of securities' implicit demand for bank equity capital, we obtain closed-form expressions for the composition of credit
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美国国家经济研究局创建时间：
2020-09-01
