This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank. …

considers an agent-based computational model populated by consumers, firms, banks and a central bank whose out …

Bank regulators interfere with the efficient allocation of resources for the sake of financial stability. Based on this …

an agent-based computational model populated by consumers, firms, banks, and a central bank whose out …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …