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cleared the banking sector of weaker links and showed both the central bank and the management of operating banks the … economic policy as well as reliable currency and the central bank's policy, which forces the reforms. …
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This paper compares the consequences of equity injections into banks with purchases of corporate and government bonds in a financial crisis situation using a New Keynesian model in which non-financial firms predominantly take non-market-based debt from banks instead of issuing securities. Our...
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mikroökonomischen Modellen nähert. Auf eine Diskussion des industrie- und informationsökonomischen Ansatzes der Bank folgt zunächst eine …
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