Bank of Japan

03/30/2021 | Press release | Distributed by Public on 03/29/2021 20:12

(Research Paper) IMES DPS: Procyclical Leverage and Crisis Probability in a Macroeconomic Model of Bank Runs

IMES Discussion Paper Series (DPS) is circulated in order to stimulate discussion and comments. Views expressed in Discussion Paper Series are those of authors and do not necessarily reflect those of the Bank of Japan or the Institute for Monetary and Economic Studies.

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IMES Discussion Paper Series
No./Main Category Author(s) Title/Keywords Date Full Text (PDF)
2021-E-1/Economics Daisuke Ikeda, Hidehiko Matsumoto Procyclical Leverage and Crisis Probability in a Macroeconomic Model of Bank Runs
/Banking crises; global games; macroprudential policy
Mar.30,2021 4,049KB