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Bank Competition and Financial Stability: A General Equilibrium Exposition

Dec 01, 2011 | G. De Nicolò, M. Lucchetta | IMF
This paper studies versions of a general equilibrium banking model with moral hazard under either constant or increasing returns to scale of the intermediation technology used by banks to screen and/or monitor borrowers.
Theme: Banking Supervision and Regulation, Financial Stability & Governance | Pages: 38
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