Author: Tito Pietra
Publisher:
ISBN:
Category :
Languages : en
Pages : 230
Book Description
Essays in General Equilibrium with Incomplete Financial Markets
Author: Tito Pietra
Publisher:
ISBN:
Category :
Languages : en
Pages : 230
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 230
Book Description
Essays on Incomplete Financial Markets
Author: Dirk Ebmeyer
Publisher:
ISBN:
Category :
Languages : en
Pages : 350
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 350
Book Description
Essays on Incomplete Financial Markets and the Macroeconomy
Author: Zhiyi Wei
Publisher:
ISBN:
Category : Bank loans
Languages : en
Pages : 150
Book Description
Publisher:
ISBN:
Category : Bank loans
Languages : en
Pages : 150
Book Description
Essays on Incomplete Financial Markets
Author: Alessandro Citanna
Publisher:
ISBN:
Category :
Languages : en
Pages : 260
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 260
Book Description
Essays on Financial Policy with Incomplete Markets
Author: Piero Gottardi
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Essays in Incomplete Markets and Financial Intermediation
Author: Enrique Lucio Kawamura Ishiy
Publisher:
ISBN:
Category :
Languages : en
Pages : 302
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 302
Book Description
Essays on International Finance in Incomplete Markets
Author: Kyu-Chul Jung
Publisher:
ISBN:
Category :
Languages : en
Pages : 99
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 99
Book Description
Essays on Incomplete Markets and Macroeconomics
Author: Juan Carlos Aquino Chavez
Publisher:
ISBN:
Category : Electronic dissertations
Languages : en
Pages : 95
Book Description
Essays on Incomplete Markets and Macroeconomics consists of contributions of theoretical and empirical nature in the sub-field of Macroeconomics through two chapters. In the first chapter, titled Liquidity Regulation in a Monetary Economy, although it is commonly argued that the prevention of bank runs is the main reason to regulate banks' asset portfolios, I show that a market failure that justifies such regulation lies on the incompleteness of financial markets when there is risk about the aggregate distribution of transaction types. I develop a framework in which outside (fiat, government-provided) and inside (plastic, bank-created) money co-exist as means of payment under either complete or incomplete financial markets for aggregate risk. The welfare analysis is reduced to comparing only two parameters: the currency-to-liability ratio [delta] which is set by the government and the fraction [rho] of banks' depositors engaged in cash-only transactions (inside money cannot be accepted). In equilibrium, when [delta]
Publisher:
ISBN:
Category : Electronic dissertations
Languages : en
Pages : 95
Book Description
Essays on Incomplete Markets and Macroeconomics consists of contributions of theoretical and empirical nature in the sub-field of Macroeconomics through two chapters. In the first chapter, titled Liquidity Regulation in a Monetary Economy, although it is commonly argued that the prevention of bank runs is the main reason to regulate banks' asset portfolios, I show that a market failure that justifies such regulation lies on the incompleteness of financial markets when there is risk about the aggregate distribution of transaction types. I develop a framework in which outside (fiat, government-provided) and inside (plastic, bank-created) money co-exist as means of payment under either complete or incomplete financial markets for aggregate risk. The welfare analysis is reduced to comparing only two parameters: the currency-to-liability ratio [delta] which is set by the government and the fraction [rho] of banks' depositors engaged in cash-only transactions (inside money cannot be accepted). In equilibrium, when [delta]
Essays on Incomplete Markets
Author: Jung-moh Chang
Publisher:
ISBN:
Category :
Languages : en
Pages : 112
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 112
Book Description
Essays on Derivatives Pricing in Incomplete Financial Markets
Author: Qimou Su
Publisher:
ISBN:
Category : Derivative securities
Languages : en
Pages : 362
Book Description
Not available.
Publisher:
ISBN:
Category : Derivative securities
Languages : en
Pages : 362
Book Description
Not available.