This paper studies the term premium in a general equilibrium model with a financial constraint and central bank asset …

The research work presented below addresses the possible concern of central bank independence through the development …

bank's leverage ratio. We illustrate in particular how rule-of-thumb lending standards based on the macroeconomic … mitigated if the central bank reacts to loan rate spreads, at least relative to the case with constant lending standards. … relativ zu dem Fall mit konstanten Kreditstandards, wenn die Zentralbank auf die Leihzinsspanne reagiert. …

of Gerali et al. (2010), accounting for borrowing constraints of entrepreneurs and an internal constraint on the bank …

bank’s leverage ratio. We illustrate in particular how rule-of-thumb lending standards based on the macroeconomic … mitigated if the central bank reacts to loan rate spreads, at least relative to the case with constant lending standards. …

and its influence on expectations over that horizon. We develop and estimate a model of imperfect central bank …

market that explicitly accounts for the means-of-exchange function of bank deposits and CBDC into a New Keynesian model with … financial frictions. The central bank influences the store-of-value function of money through a conventional Taylor rule while … time however, the provision of CBDC helps smooth responses to macroeconomic shocks. By supplying CBDC, the central bank …

improvements. Then, we illustrate how to formulate and encode on quantum circuit two applications: (a) a bank stress testing model …

operates via the dynamics of the expected marginal product of capital. Since capital is partly financed by bank loans, a higher …