The effect of bank ownership and deposit insurance on monetary policy transmission revisited: the role of precautionary savings

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12 p.

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Abstract

We generalize the Model of Andries and Billon (2010) by allowing for a general type of consumer‘s preferences that allows the presence of prudent behavior. Having precautionary savings changes the mod...

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Jean P. SepĂșlveda, Marcos Vergara, The effect of bank ownership and deposit insurance on monetary policy transmission revisited: The role of precautionary savings, Finance Research Letters, Volume 50, 2022, 103255, ISSN 1544-6123, https://doi.org/10.1016/j.frl.2022.103255.

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