Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
wiley +1 more source
Banks of a Feather: The Informational Advantage of Being Alike
Abstract Banks lend more to banks that are similar to them. Using data from the German credit register and proprietary supervisory data on the quality of banks' loan portfolio, we show that a similar portfolio of the lending and borrowing bank helps to overcome information asymmetries in interbank markets.
PETER BEDNAREK +3 more
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ABSTRACT We show that FX interventions can be effective, particularly in attenuating global financial spillovers. We exploit global financial shocks and Brazilian central bank interventions in FX derivatives using three matched administrative registers: bank credit (to firms), foreign credit to banks, and employer‐employees. After the U.S.
RODRIGO BARBONE GONZALEZ +3 more
wiley +1 more source
Cellular homeostasis of N-acetylneuraminic acid and non-canonical sialic acids is mediated by human N-acetylneuraminate lyase. [PDF]
Huang S +9 more
europepmc +1 more source
PFAS-Induced Charge Regulation and Aggregation in Polystyrene Nanoplastic Colloids. [PDF]
Péter T +8 more
europepmc +1 more source
Near-peer learning in neurology residency: a 6-year experience comparing knowledge gains across cerebrovascular, electromyography, and electroencephalography modules. [PDF]
Xu D +9 more
europepmc +1 more source
Real-time AI-assisted quality control during nasopharyngolaryngoscopy: a randomized controlled trial. [PDF]
Li Y +13 more
europepmc +1 more source
Ligand-Engineered Methylammonium Lead Bromide Nanoplatelets: Single-Photon Emission and Strong Light-Matter Coupling. [PDF]
Sekh TV +14 more
europepmc +1 more source
The olivine-ringwoodite transformation triggers deep slab seismicity and rheological weakening. [PDF]
Honda R +9 more
europepmc +1 more source

