Optimal Bank Reserve Remuneration and Capital Control Policy
收藏数据链接：
官方服务：
资源简介：
A central prediction of open economy models with a pecuniary externality due to a collateral constraint is that the unregulated economy overborrows relative to what occurs under optimal policy. A maintained assumption in this literature is that households borrow directly from foreign lenders. This
提供机构：
美国国家经济研究局创建时间：
2021-11-01
