Results 1 - 1 of 1 for Federal Funds Rate [Author: Martin Berka]
The Basel Accord and Financial Intermediation: The Impact of Policy - Review
This article studies loan activity in a context where banks have to follow Basel Accord–type rules and find financing with the households. Loan activity typically decreases when investment returns of entrepreneurs decline, and we study which type of policy could invigorate an economy in a trough.
research.stlouisfed.org/.../16/the-basel-accord-and-financial-intermediation-the-impact-of-policy
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