Showing 1 - 4 of 4
The paper proposes a measure of financial fragility that is based on economic welfare in a general equilibrium model calibrated against UK data. The model comprises a household sector, three active heterogeneous banks, a central bank/regulator, incomplete markets, and endogenous default. We...
Persistent link: https://www.econbiz.de/10011423752
Persistent link: https://www.econbiz.de/10005673949
Persistent link: https://www.econbiz.de/10003427793
Persistent link: https://www.econbiz.de/10003328614