[표지]
Abstract
목차
1. Introduction 4
2. Motivating Facts 7
3. Model 9
3.1. Decision problems given government policy 11
3.1.1. Characterization of equilibrium given government policies 13
3.2. Determination of government policies 15
3.2.1. Equilibrium definition 16
4. Quantitative Analysis 17
4.1. Functional forms and stochastic processes 17
4.2. Calibration 18
4.3. External validity : simulated moments 19
4.4. External validity : dynamics around banking crises 21
4.5. Properties of optimal policies 24
5. On the Optimality of Bailouts 27
6. Conclusion 29
References 31
[Appendix] 34
A. Contingent Liabilities 34
B. Data appendix 35
C. Sensitivity Analysis 37
D. Computational appendix 44
판권기 46
[뒷표지] 47