The Bank Capital Channel and Counter-Cyclical Prudential Regulation in a DSGE model
This article proposes to insert a bank capital channel (BCC) in the theoretical framework proposed by Bernanke et al. (1999) (BGG), in order 1) to evaluate the mean features of the BCC and 2) to assess the benefits of a countercyclical prudential measure. In a costly state verification framework, ba...
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| Volume: | 75 |
|---|---|
| Main Author: | LEVIEUGE, Gregory |
| Format: | Journal Article |
| Language: | English |
| Place of publication: |
De Boeck Université 2009 |
| published in: | Recherches économiques de Louvain Vol. 75; no. 4; pp. 425 - 460 |
| Data of publication: | 2009 |
| Series: |
Recherches économiques de Louvain |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | RePEc RePEc IDEAS Database information Databases - DBIS |