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Competitive Banking I: Corporate Banking with a Central Bank

Thomas Quint and Martin Shubik

in Barley, Gold, or Fiat: Toward a Pure Theory of Money

Published in print:
2014
Published Online:
May 2014
ISBN:
9780300188158
eISBN:
9780300199222
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300188158.003.0014
Subject:
Economics and Finance, Macro- and Monetary Economics

Competitive private banking is modeled in the presence of a central bank. We open with a discussion of questions our simple constructs can answer, noting why in our models the competitive banks’ ... More


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