Showing 1 - 10 of 6,253
Persistent link: https://www.econbiz.de/10009162264
Persistent link: https://www.econbiz.de/10009248168
Persistent link: https://www.econbiz.de/10001474343
Persistent link: https://www.econbiz.de/10001241947
Persistent link: https://www.econbiz.de/10001363844
Persistent link: https://www.econbiz.de/10003635410
Persistent link: https://www.econbiz.de/10009524150
Persistent link: https://www.econbiz.de/10009774067
Persistent link: https://www.econbiz.de/10010230756
We document the cyclical properties of the balance sheets of different types of intermediaries. While the leverage of the bank sector is highly procyclical, the leverage of the nonbank financial sector is acyclical. We propose a theory of a two-agent financial intermediary sector within a...
Persistent link: https://www.econbiz.de/10010202648