Arbeitspapier
The Eurosystem's Standing Facilities in a General Equilibrium Model of the European Interbank Market
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 show that some characteristics of the interbank market which have been ignored in the theoretical literature on the interbank market until now can have a significant impact on the banks? recourse to the standing facilities.
- Language
-
Englisch
- Bibliographic citation
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Series: Discussion Paper Series 1 ; No. 2002,20
- Classification
-
Wirtschaft
- Subject
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Geldmarkt
Europäische Wirtschafts- und Währungsunion
Allgemeines Gleichgewicht
Mindestreservepolitik
Kreditsicherung
Refinanzierung
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Tapking, Jens
- Event
-
Veröffentlichung
- (who)
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Deutsche Bundesbank
- (where)
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Frankfurt a. M.
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Tapking, Jens
- Deutsche Bundesbank
Time of origin
- 2002
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