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...
| 1. autor: | |
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2006/264 |
| Dostęp online: | Full text available on IMF |