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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. …
Persistent link: https://www.econbiz.de/10010485420
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...
Persistent link: https://www.econbiz.de/10010394640
mikroökonomischen Modellen nähert. Auf eine Diskussion des industrie- und informationsökonomischen Ansatzes der Bank folgt zunächst eine …
Persistent link: https://www.econbiz.de/10012402304
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1 Introduction and Overview -- 2 A Primer for Economics of Banking -- Part I Too-Big-to-Fail in Banking Review -- 3 Introduction to Too-Big-to-Fail in Banking -- 4 TBTF Causal Chain: Explicit and Implicit Government Guarantees -- 5 Public Cost and Benets of TBTF -- 6 TBTF Policy Recommendations...
Persistent link: https://www.econbiz.de/10012585285