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decomposition method. To illustrate this method they provide a community description of the Japanese bank-firm credit network …, getting evidence of a strengthening of communities over time and finding support for the well-known Japanese main bank system …
Persistent link: https://www.econbiz.de/10010956113
Credit relationships between commercial banks and quoted firms are studied for the structure and its temporal change from the year 1980 to 2005. At each year, the credit network is regarded as a weighted bipartite graph where edges correspond to the relationships and weights refer to the amounts...
Persistent link: https://www.econbiz.de/10005097477
The complexity of credit money is seen as the central issue in the banking-macro nexus, which the author considers as a structural as well as a process component of the evolving economy. This nexus is significant for the stability/fragility of the economic system because it links the monetary...
Persistent link: https://www.econbiz.de/10010983164
literature. This paper seeks to study the determinants of bank asset quality and profitability using panel data techniques and … contrary to the general perception. Similarly, with regard to rural bank branches, the results reveal that aversion to rural …
Persistent link: https://www.econbiz.de/10011263002
in the short run. These funds would not rescue banks but they would kick in as soon as a bank's equity is depleted in …
Persistent link: https://www.econbiz.de/10010886947
The authors pick up the standard textbook approach of money creation and develop a simple agent-based alternative. They show that their model is well suited to explain the endogenous creation of money. Although more general, their model still contains the standard results as a limiting case. The...
Persistent link: https://www.econbiz.de/10010956039
The recent financial crises pointed out the central role of public and private debt in modern economies. However, even if debt is a recurring topic in discussions about the current economic situation, economic modelling does not take into account debt as one of the crucial determinants of...
Persistent link: https://www.econbiz.de/10009246869
-cost channel" of monetary policy. The thrust of the model is that firms' reliance on bank loans ("credit channel") may make … aggregate supply sensitive to bank interest rates ("cost channel"), which are in turn driven by the official rate controlled by … the central bank. The model is assessed theoretically by examining whether, and under what conditions, changes in the …
Persistent link: https://www.econbiz.de/10005059043
Use of a promise to pay by a bank to insure an outstanding loan in order to return the value of the insured amount into …
Persistent link: https://www.econbiz.de/10009004773
Die Potentialorientierung der Geldpolitik setzt voraus, daß der Geldmengenmultiplikator und die Umlaufgeschwindigkeit des Geldes hinreichend stabil sind. Vielfach wird behauptet, dies sei insbesondere seit der deutschdeutschen Währungsunion nicht mehr gegeben. Der These wird in einer...
Persistent link: https://www.econbiz.de/10010982445