Banking, Liquidity and Bank Runs in an Infinite Horizon Economy
By M. Gertler, Nobuhiro Kiyotaki. 2015
511 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/c538cf514467ae62a82b7b48b8ca445b5ecff3f0
Citations in the corpus
- Wholesale Banking and Bank Runs in Macroeconomic Modeling of Financial Crises (2016, unknown): “Our starting point is the infinite horizon macroeconomic model with banking and bank runs developed in Gertler and Kiyotaki (2015).”
- Capital Regulation in a Macroeconomic Model with Three Layers of Default (2014, unknown): “max ct+1,n b t+1 ( ct+1 )χb (nt+1) 1−χb (28)”
- The Interaction of Monetary and Macroprudential Policies (2016, unknown): “This approach to modelling agency costs has been used by Chen (2001), Meh and Moran (2010), Christensen et al.”
- Monetary Policy, Financial Conditions, and Financial Stability (2014, unknown): “In addition, others have shown that easing of monetary policy tends to reduce credit risk premiums on corporate bonds (Gertler and Karadi 2013; Greenwood and Hanson 2013; Gilchrist, López-Salido, and Zakraǰsek 2015).”
- A Model of the International Monetary System (2018, unknown): “Understanding the fragility of the world banker is even more relevant today since, as documented by Gourinchas and Rey (2007a,b), the U.S. activities as a world banker are today being performed on a much grander scale than when originally debated, or, in other words, the “bank” has gotten bigger.”