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author = "Tapking, Jens"
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Found 2 documents, displaying page 1 of 1
The Eurosystem's Standing Facilities in a General Equilibrium Model of the European Interbank Market
Author(s) :
Tapking, Jens
Description :
We analyse the European interbank market in a general equilibrium model. Several institutional aspects of the market are taken into consideration, especially the Eurosystem?s two standing facilities, reserve requirements of banks and the fact that borrowing from the Eurosystem has to be secured. We ...
Repository :
EconStor
Language(s) :
English
Multiple equilibrium overnight rates in a dynamic interbank market game
Author(s) :
Tapking, Jens
Description :
We analyse a two period model of the interbank market, i.e. the market at which banks trade liquidity. We assume that banks do not take the inter- bank interest rate as given, but multilaterally negotiate on interest rates and transaction volumes. The solution concept applied is the Shapley value. W...
Repository :
EconStor
Language(s) :
English
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Found 2 documents, displaying page 1 of 1