In the perfectly competitive model of Freixas and Rochet section 3.1 where there are N Banks indexed
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In the perfectly competitive model of Freixas and Rochet section 3.1 where there are N Banks indexed by n, n 1,2... N and each Bank has the same convex cost function that is increasing in both the level of Deposits, D, and Loans L, C(D, L). What affect does an increase in D have on the marginal cost of D, i.e. on CDL).
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ISBN: 978-0538480871
1st edition
Authors: Melissa Barker, Donald I. Barker, Nicholas F. Bormann, Krista E. Neher
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