Norwegian Overnight Interbank Interest Rates
نویسندگان
چکیده
منابع مشابه
Multiple equilibrium overnight rates in a dynamic interbank market game
We analyse a two period model of the interbank market, i.e. the market at which banks trade liquidity. We assume that banks do not take the interbank interest rate as given, but multilaterally negotiate on interest rates and transaction volumes. The solution concept applied is the Shapley value. We show that there is a multiplicity of average equilibrium interest rates of the Þrst period so tha...
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ژورنال
عنوان ژورنال: Computational Economics
سال: 2011
ISSN: 0927-7099,1572-9974
DOI: 10.1007/s10614-011-9304-9