1
اقتصاد::
سپردهی از پیش موجود
This is motivated by Gorton (2008), who emphasizes the un- certainty regarding the identities of the weakest financial institutions during the Great Recession.5 Third, the preexisting deposits are nominal, that is, specified in terms of money.
As a result, at t = 0, they fly to liquidity, withdrawing some of their preexisting deposits and holding more money than in the good equilibrium; nonetheless, they leave some deposits in the banks because of the opportunity cost of holding money.
Households are now endowed not only with capital and money but also with preexisting deposits
preexisting deposits Dh
Equation (6), but it also includes the endowment of preexisting deposits dh
واژگان شبکه مترجمین ایران