imperfectly elastic supply of bank equity stemming from financial market segmentation. In our model, equity is costly and serves … and the design of bank stress testing. …

institutions: banks and bank management -- Financial industry structure -- Regulating the financial system -- Central banks … reserve and the european central bank -- The central bank balance sheet and the money supply process -- Monetary policy …: stabilizing the domestic economy -- Exchange-rate policy and the central bank -- Money growth, money demand, and modern monetary …