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Macroeconomic stabilisation and bank lending : a simple workhorse model

dc.contributor.authorSpahn, Peterde
dc.date.accessioned2024-04-08T08:48:38Z
dc.date.available2024-04-08T08:48:38Z
dc.date.created2013-07-29
dc.date.issued2013
dc.description.abstractA hybrid standard macro model is supplemented by an explicit analysis of bank lending, based on a five-position aggregative balance sheet. In the model's two versions credit supply is based on a leverage targeting rule or on simple optimisation, taking into account lending risks and funding costs. Model simulations explore consequences of supply and demand disturbances, discretionary interest rate moves, asset valuation and credit risk shocks. Besides standard Taylor policies, the paper compares the relative efficiency of additional stabilisation tools like external-funding taxes and anti-cyclical leverage regulation. Quantitative restrictions for bank activities seem to be useful.en
dc.identifier.swb391738135
dc.identifier.urihttps://hohpublica.uni-hohenheim.de/handle/123456789/5724
dc.identifier.urnurn:nbn:de:bsz:100-opus-8688
dc.language.isoeng
dc.relation.ispartofseriesFZID discussion papers; 76
dc.rights.licensepubl-ohne-poden
dc.rights.licensepubl-ohne-podde
dc.rights.urihttp://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subjectTaylor ruleen
dc.subjectLeverage targetingen
dc.subjectFinancial market shocksen
dc.subjectFunding costsen
dc.subjectEndogenous moneyen
dc.subject.ddc330
dc.subject.gndTaylor-Regelde
dc.subject.gndGeldpolitikde
dc.titleMacroeconomic stabilisation and bank lending : a simple workhorse modelde
dc.type.dcmiTextde
dc.type.diniWorkingPaperde
local.accessuneingeschränkter Zugriffen
local.accessuneingeschränkter Zugriffde
local.bibliographicCitation.publisherPlaceUniversität Hohenheimde
local.export.bibtex@techreport{Spahn2013, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/5724}, author = {Spahn, Peter}, title = {Macroeconomic stabilisation and bank lending : a simple workhorse model}, year = {2013}, school = {Universität Hohenheim}, series = {FZID discussion papers}, }
local.export.bibtexAuthorSpahn, Peter
local.export.bibtexKeySpahn2013
local.export.bibtexType@techreport
local.faculty.number3de
local.faculty.number7de
local.institute.number520de
local.institute.number795de
local.opus.number868
local.series.issueNumber76
local.series.titleFZID discussion papers
local.universityUniversität Hohenheimde
local.university.facultyFaculty of Business, Economics and Social Sciencesen
local.university.facultyFakultät Wirtschafts- und Sozialwissenschaftende
local.university.facultyLandesanstaltende
local.university.instituteInstitute for Economicsen
local.university.instituteInstitut für Volkswirtschaftslehrede
local.university.instituteForschungszentrum Innovation und Dienstleistungde

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