Optimal Bailouts in Banking and Sovereign Crises
收藏NBER2021-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28412
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资源简介：
We study optimal bailout policies amidst banking and sovereign crises. Our model features sovereign borrowing with limited commitment, where domestic banks hold government debt and extend credit to the private sector. Bank capital shocks can trigger banking crises, prompting the government to
提供机构：
美国国家经济研究局
创建时间：
2021-02-01
