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This study proposes a model that describes banks' decisions about their capital structures and analyzes the regulation …. In addition, a regulation of the CAR decreases a bank's profit if its CAR is not large enough to satisfy the regulation … in either case. Even though an unsound bank always chooses to use more equity finance to satisfy regulation in the former …
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The purpose of this paper is to develop an experimental model which links inter-institutional flow of funds to real macroeconomy and then to estimate quantitatively the effects of changing scale of postal savings or government financial institutions on GDP. The empirical analysis indicates that...
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