Neil Lancastle
Additional Figure: Bank Bailouts with Bank Reserves Rule and 'flexible' wages
The model parameters are:
| Description | Value |
| Bank (reserves) | 70 |
| Household loans | -100 |
| Business loans | -100 |
| Wages rate (as % buiness loans) | 25% |
| Bank loan rate | 4% |
Bank bailouts are spent at 25% annually, until reserves = 20
