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dc.creatorArango-Arango, Carlos Alberto
dc.creatorValencia-Arana, Oscar Mauricio
dc.date.created2015-04-10
dc.date.issued2015-04-10
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/6167
dc.description.abstractThis paper presents a DSGE model with banks that face moral hazard in management. Banks receive demand deposits and fund investment projects. Banks are subject to potential withdrawals by depositors which may force them into early liquidation of their inv
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 878
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleMacro-prudential policy under moral hazard and financial fragility
dc.typeWorking Paper
dc.subject.jelG11 - Portfolio Choice; Investment Decisions
dc.subject.jelO33 - Technological Change: Choices and Consequences; Diffusion Processes
dc.subject.jelD86 - Economics of Contract: Theory
dc.subject.keywordDSGE modeling
dc.subject.keywordFinancial frictions
dc.subject.keywordMoral hazard
dc.subject.keywordMacro-prudential policies
dc.subject.lembAdministración bancaria
dc.subject.lembDepósitos bancarios
dc.subject.lembSistema financiero
dc.subject.lembLiquidez bancaria
dc.subject.lembApalancamiento financiero
dc.subject.lembPolítica económica
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaD86 - Economía de los contratos: teoría
dc.subject.jelspaO33 - Cambio tecnológico: opciones y consecuencias; Difusión
dc.subject.jelspaG11 - Selección de cartera; Decisiones de inversión
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.878
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.numberBorrador 878
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/878.html
dc.relation.dotechttps://ideas.repec.org/p/col/000094/012695.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/6167
dc.creator.firmaCarlos A. Arango-Arango
dc.source.handleRepecRePEc:bdr:borrec:878


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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit