Banks As Coordinators of Economic Growth /
This paper formally identifies an important role of banks: Banks competitively internalize production externalities and facilitate economic growth. I formulate a canonical growth model with externalities as a game among consumers, firms, and banks. Banks compete for deposits to seek monopoly profits...
Príomhchruthaitheoir: | |
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Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 2006/264 |
Rochtain ar líne: | Full text available on IMF |