Fragile Banks

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We introduce banks, modeled as in Diamond and Rajan (2000; 2001), in a standard DSGE macromodel and study the transmission of monetary policy and its interplay with bank capital regulation when banks are exposed to runs. A monetary expansion and a positive productivity shock increase bank leverage and risk. Risk-based capital requirements (as in Basel II)(More)
Body packing or internal concealment used by drug dealers to smuggle illicit substances, puts the body packer at risk of both imprisonment and death. We report our experience over a 4 year period from January 1996 to December 1999 of suspects presenting to our hospital (the largest series in Europe). A total of 572 cases were assessed radiographically and(More)
The low incidence of partial segmental thrombosis of the corpus cavernosum (PSTCC) means its management is guided by isolated case reports. Erectile function is an important outcome that has not been described quantitatively in the literature. We present two cases of PSTCC managed conservatively. Although both patients reported resolution of local symptoms,(More)
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