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Monetary models that specify explicit frictions to generate money demand have beendeveloped over the last 20 years and have been used to address many questions. Inthis paper we investigate the short-r...
Business Cycles and Monetary Regimes in Emerging Economies: A Role for a Monopolistic Banking Sector
banking subsidiaries cross-border banking supervision and regulation
2011/9/30
This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those externalities, and explores whether they may be greater in a case involving a large...