Bank capital requirements and collateralised lending markets
In this paper, we take as a baseline a dynamic stochastic general equilibrium (DSGE) model, which features a housing market, borrowers, savers and banks, in order to evaluate the welfare and macroeconomic effects of the new fixed capital requirements in the Basel accords. Our results show that the h...
| Main Authors: | , |
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| Format: | Article |
| Published: |
Wiley
2017
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/38928/ |