Browsing HBS Scholarly Articles by Author "Begenau, Juliane Maria"
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Capital Requirements, Risk Choice, and Liquidity Provision in a Business Cycle Model
Begenau, Juliane Maria (2015-04-06)This paper develops a quantitative dynamic general equilibrium model in which households' preferences for safe and liquid assets constitute a violation of Modigliani and Miller. I show that the scarcity of these coveted ... -
Financial Regulation in a Quantitative Model of the Modern Banking System
Begenau, Juliane Maria; Landvoigt, Tim (2016-08-24)How does the shadow banking system respond to changes in the capital regulation of commercial banks? This paper builds a quantitative general equilibrium model with commercial banks and shadow banks to study the unintended ...