of bank capital requirements on the quantity of uncollateralized credit). Loss given default can be reduced by both a … macroprudential policies are more advantageous for bank earnings. On the other hand, the policies considered here are unable to reduce …

. In our model, producers are financed by both bank debt and equity, and face a mix of systemic and idiosyncratic … manifested in a convex dependence of bank capital requirements on the quantity of uncollateralized credit. We find that this kind …

. In our model, producers are financed by both bank debt and equity, and face a mix of systematic and idiosyncratic … macroprudential policy is represented by a convex dependence of bank capital requirements on the quantity of uncollateralized credit …