On the distributional effects of bank bailouts
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DOI: 10.1016/j.red.2020.09.010
Abstract: Abstract This paper studies distributional consequences of equity injections that are funded with financial-sector levies. In the model economy, financial intermediation supports both productive investment and individual consumption smoothing, subject to an equity requirement. When… read more here.
Keywords: equity; distributional effects; bank bailouts; effects bank ... See more keywords