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We analyse the European interbank market in a general equilibrium model. Several institutional aspects of the market are taken into consideration, especially the Eurosystem's two standing facilities, reserve requirements of banks and the fact that borrowing from the Eurosystem has to be secured....
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The context of competition -- Game theory and gaming -- Measurement and modeling -- One-period markets -- Endogenizing …
Persistent link: https://www.econbiz.de/10011494519
We analyse the European interbank market in a general equilibrium model. Several institutional aspects of the market are taken into consideration, especially the Eurosystem's two standing facilities, reserve requirements of banks and the fact that borrowing from the Eurosystem has to be secured....
Persistent link: https://www.econbiz.de/10001686290
Persistent link: https://www.econbiz.de/10001624636
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general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price …
Persistent link: https://www.econbiz.de/10009636527
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