Berentsen, Aleksander; Kraenzlin, Sébastien; Müller, … - 2015
dynamic general equilibrium model of a secured money market and calibrate it to the Swiss franc repo market to study this …, the money market rate and trading activity in the money market. In addition, we simulate various instruments that a … bank's ability to control the money market rate, their impact on the trading activity and the operational costs of an exit …