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We present a model of central bank collateralized lending to study the optimal choice of the haircut policy. We show that a lending facility provides a bundle of two type[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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Code and data to replicate the results of the article. Code for peer-reviewed article published in Review of Economic Dynamics. Paper published online June 7, 2019.
2019 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
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3.
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Code and data to replicate the results of the article. Code for peer-reviewed article published in Review of Economic Dynamics. Paper published online October 20, 2[...]
2020 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
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4.
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This paper studies the effects of monetary policy in an inventory theoretic model of money demand. In this model, agents keep inventories of money, despite the fact that [...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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This paper develops a search-theoretic model to study the interaction between banking and monetary policy and how this interaction affects the allocation and welfare. Reg[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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6.
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The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in a model of endogenous growth with frictions. Produ[...]
2011 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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This paper studies the long run welfare costs of inflation in a micro-founded model with trading frictions and costly liquidity management. Agents face uninsurable idiosy[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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This paper develops a model of settlement system to study the endogenous structure of settlement networks, and the welfare consequences of clearing agent failure. The equ[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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9.
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Payments systems play a fundamental role in an economy by providing the mechanisms through which payments arising from transactions can be settled. The existing literatur[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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Replication Data and Code for: "The Economics of Cryptocurrencies -- Bitcoin and Beyond" Replication data for peer-reviewed article published in Canadian Journal [...]
2022 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
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