Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10010423480
This paper develops a model of segmented financial markets in which the net worth of financial institutions limits the degree of arbitrage across the term structure. The model is embedded into the canonical Dynamic New Keynesian (DNK) framework. We estimate the model using data on the term...
Persistent link: https://www.econbiz.de/10013045555
Persistent link: https://www.econbiz.de/10011613888
Persistent link: https://www.econbiz.de/10003335340
Persistent link: https://www.econbiz.de/10003483163
Persistent link: https://www.econbiz.de/10003733888
Persistent link: https://www.econbiz.de/10003227160
Persistent link: https://www.econbiz.de/10003014371
Persistent link: https://www.econbiz.de/10003014378
Persistent link: https://www.econbiz.de/10002542793