Skip to main content
Article thumbnail
Location of Repository

Reserve requirements and double Bertrand competition among banks

By Linda Toolsema

Abstract

The paper considers a model of double Bertrand competition among banks, in which banks compete for deposits as well as loans. It is shown that the introduction of reserve requirements can have an effect on the existence and efficiency properties of Nash equilibria of this model. This provides a new rationale for imposing reserve requirements on banks.

DOI identifier: 10.1080/135048501750157404
OAI identifier:
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://www.informaworld.com/op... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.