Banking and monetary policy in a monetary union
We model the banking systems of a two-country monetary area with a single central bank. Banks can operate either locally or in national loan markets and participate in an area-wide interbank market. This model determines open-market and retail bank interest rates and equilibrium allocations of the b...
Gardado en:
| Principais autores: | , |
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| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado: |
Elsevier
2025-04-01
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| Series: | International Review of Economics & Finance |
| Assuntos: | |
| Acceso en liña: | http://www.sciencedirect.com/science/article/pii/S1059056025001509 |
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