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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Bibliographic details
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
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