Bankruptcy in General Equilibrium
- Topics:
- Credit Management
- Source:
- The Federal Reserve Board
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Overview: Bank deposit rate and balances dynamics are represented by auto-regressive processes but with attention given here to alternative specifications and to the deposit rent processes and dynamics implied by these specifications. In examining the implied deposit rent processes, special attention is given to the importance of distant rent forecasts and forecast dynamics for the deposit premium and interest rate risk estimates.
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Format: PDF | Size: 341KB | Date: Jan 2000 | Pages: 46




