Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10010433417
Persistent link: https://www.econbiz.de/10011408674
We modify the Diamond and Dybvig (1983) model of banking to jointly study various regulations in the presence of credit and run risk. Banks choose between liquid and illiquid assets on the asset side, and between deposits and equity on the liability side. The endogenously determined asset...
Persistent link: https://www.econbiz.de/10011803125