In this study, we propose a multi-agent model to examine bank lending and borrowing risk behaviors and their implications to interbank market dynamics. Using data from 2001 to 2014 that covers around U.S. 6600 banks, we model individual bank decisions using the temporal difference reinforcement...

This textbook deals with money markets and capital markets along with the management of retirement portfolios. It places a particular focus on interest rate formation, interest rate structure, interest models, and the evaluation of interest-bearing securities