Precrisis regime

Postcrisis regime

$\alpha$

0.5

0.5

$\rho$

0.06

$\mu$

0.1

0.1

$m_1$

100

$\beta$

0.05

0.05

$m_2$

0.5

$\delta$

0.1

0.3

$m_3$

20

$\epsilon$

0.01

0.03

$m_4$

1

${\xi }_0$

0.5

2

Φ

0

${\xi }_1$

−0.005

0.05

M

100

100