Implications on households of bank's asset substitution

In this paper we develop a DSGE model to analyze the welfare implications over households that bank's asset recomposition might have. We model a representative bank that potentially faces liquidity difficulties due to a mismatch between credits issued to firms and deposits supplied by household...

Descripción completa

Detalles Bibliográficos
Autores Principales: Caicedo, Santiago, Perez-Reyna, David
Formato: Documento de trabajo (Working Paper)
Lenguaje:Inglés (English)
Publicado: Banco de la República de Colombia 2010
Acceso en línea: