Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10001037839
Persistent link: https://www.econbiz.de/10012168819
This book reflects on the innovations that central banks have introduced since the 2008 collapse of Lehman Brothers to improve their modes of intervention, regulation and resolution of financial markets and financial institutions. Authors from both academia and policy circles explore these...
Persistent link: https://www.econbiz.de/10011902313
Persistent link: https://www.econbiz.de/10003369492
Persistent link: https://www.econbiz.de/10001338131
Persistent link: https://www.econbiz.de/10001190008
Persistent link: https://www.econbiz.de/10010496448
Persistent link: https://www.econbiz.de/10010496450
This paper introduces agent heterogeneity, liquidity, and endogenous default to a DSGE framework. Our model allows for a comprehensive assessment of regulatory and monetary policy, as well as welfare analysis in the different sectors of the economy. Due to liquidity and endogenous default, the...
Persistent link: https://www.econbiz.de/10008583683