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Interbank Market Failure and the Effects of the Basel III Regulations in a DSGE Model for Iran

Marzieh Pirahmadi; Zahra Afshari; Mehdi Sarem

Volume 8, Issue 1 , March 2019, , Pages 163-183

https://doi.org/10.22099/ijes.2019.33834.1577

Abstract
  In order to facilitate transactions among banks, the interbank market has been established in Iran since 2008. The primary objective of this market is to eliminate banking system liquidity deficiencies at a rate chosen by the Central bank of Iran. The importance of this rate is that it affects market ...  Read More