Two-period model of Bank lending channel: Basel II regulatory constraints
This paper predicts the dynamic model of the bank lending channel under Basel II regulatory constraints with monopolistic competition. The two-period model is chosen in order to demonstrate the effects of new Basel capital constraints on the risks of banks assets during both periods; and the amoun...
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Kebangsaan Malaysia
2014
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Online Access: | http://journalarticle.ukm.my/8408/ http://journalarticle.ukm.my/8408/ http://journalarticle.ukm.my/8408/1/jeko_48%281%29-8.pdf |