Kuypers, Stef; Goorden, Thomas; Delepierre, Bruno - In: Journal of risk and financial management : JRFM 14 (2021) 7, pp. 1-25
model. Simulations can be run in two modes, each based on a different assumption. Either the growth rate of the money stock … is assumed to be constant or the loan ratio, expressed as a percentage of the money stock, is assumed to be constant … net bank profit ratios, expressed relative to their debt assets, remaining below the growth rate of the money stock. Based …