Toolsema-Veldman, Linda A.; Schoonbeek, Lambert - Faculteit Economie en Bedrijfskunde, Rijksuniversiteit … - 1999
The well-known Klein-Monti model of bank behavior considers a monopolistic bank. We demonstrate that this model's results on the comparative static effects of a change in the exogenous interbank market interest rate do not necessarily hold in oligopolistic Cournot or Stackelberg generalizations....