Banking Panic Risk and Macroeconomic Uncertainty
We explore the interactions between banking panics and uncertainty shocks. To do so, we build a model of a production economy with a banking sector. In the model, financial constraints of banks can lead to disastrous banking panics. We find that a higher probability of a banking panic increases macr...
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| Veröffentlicht in: | Journal of money, credit and banking credit and banking, 2024-07 |
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| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Online-Zugang: | Volltext |
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