The role of bank capital in the propagation of shocks

The recent financial turmoil has underlined the importance of analyzing the link between banks’ balance sheets and economic activity. We develop a dynamic stochastic general equilibrium model in which bank capital mitigates an agency problem between banks and their creditors. As a result, the capita...

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Bibliographic details
Volume: 34
Main Author: Meh, Césaire A
Moran, Kevin
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM Elsevier B.V 2010
ELSEVIER
Elsevier
published in: Journal of economic dynamics & control Vol. 34; no. 3; pp. 555 - 576
Data of publication: 2010
ISSN: 0165-1889
1879-1743
EISSN: 1879-1743
Discipline: Economics
Series: Journal of Economic Dynamics and Control
Subjects:
E52
E44
G21
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2010
Web of Science
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