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Systemic risk propagated through over-the-counter derivatives can best be managed by a public-private central … provide an effective policy instrument for controlling systemic risk. Moreover this structure, in contrast to current proposed …
Persistent link: https://www.econbiz.de/10009646067
Systemic risk propagated through over-the-counter derivatives can best be managed by a public-private central … provide an effective policy instrument for controlling systemic risk. Moreover this structure, in contrast to current proposed …
Persistent link: https://www.econbiz.de/10010676641
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Persistent link: https://www.econbiz.de/10010843161
This paper develops a model of residential water demand under a nonlinear budget constraint. The theoretical model for an individual consumer is adapted to yield an aggregate model that preserves the structure of the individual demand function, and that can be used with aggregate (water district...
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