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Recapitalization, Bailout, and Long-run Welfare in a Dynamic Model of Banking
This paper studies the dynamic trade-off between the short-run costs and the long-run benefits of bank bailouts. In the model, banks leverage thanks to their cost advantage at monitoring firms, but hold precautionary capital ...
Robert J. Shiller's online data
BEA's national economic accounts provide a comprehensive picture of the U.S. economy and feature many macroeconomic statistics.