Global banking and international business cycles

This paper incorporates a global bank into a two-country business cycle model. The bank collects deposits from households and makes loans to entrepreneurs, in both countries. It has to finance a fraction of loans using equity. We investigate how such a bank capital requirement affects the internatio...

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Main Authors: Kollmann, Robert (Author) , Enders, Zeno (Author) , Müller, Gernot J. (Author)
Format: Article (Journal)
Language:English
Published: 2011
In: European economic review
Year: 2010, Volume: 55, Issue: 3, Pages: 407-426
ISSN:1873-572X
DOI:10.1016/j.euroecorev.2010.12.005
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Online Access:Verlag, Volltext: http://dx.doi.org/10.1016/j.euroecorev.2010.12.005
Verlag, Volltext: http://www.sciencedirect.com/science/article/pii/S0014292110001273
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Author Notes:Robert Kollmann, Zeno Enders, Gernot J. Müller
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