top of page
Rechercher
  • Photo du rédacteurHélène Dufour

Optimal Dynamic Bank Capital Regulation with Aggregate Risk

“Effective regulation is cyclical, aligning with economic cycles, but it is counter to the laissez-faire approach. We demonstrate that simple leverage constraints can bring the decentralized economy close to the optimal allocation.”


0 vue0 commentaire

Posts récents

Voir tout

Comments


bottom of page