Equilibrium analysis, banking, contagion and financial fragility
This paper contains a General Equilibrium model of an economy with Incomplete Markets (GEI) with money and default. The model is a simplified version of the real world consisting of a non-bank private sector, banks, a Central Bank, a government and a regulator. The model is used to analyse actions b...
| Main Author: | |
|---|---|
| Format: | Working paper |
| Published: |
University of Oxford
2003
|