Appendix To 'Public Liquidity and Financial Crises'
30 Pages Posted: 27 Mar 2019 Last revised: 10 Jul 2020
Date Written: December 28, 2019
This is the Appendix of the paper "Public Liquidity and Financial Crises", https://ssrn.com/abstract=3175101.
In this appendix, I show the numerical methods for solving the general equilibrium model that features infrequent financial crises and the private holding of public liquidity. Additional model properties and quantitative results are also provided.
JEL Classification: E44, E51, G11, G28
Suggested Citation: Suggested Citation