"Financial-Sector Shocks in a Credit-View Model"

A variation of the Bernanke-Blinder credit-view model reveals that holding constant the money supply following various financial-sector shocks, including an autonomous drop in the money multiplier, is insufficient to prevent aggregate demand from decreasing.

MoreLess

Year of publication:	2011
Authors:	Abrams, Burton A.
Institutions:	Department of Economics, Lerner College of Business and Economics
Subject:	credit-view model \| monetary policy \| money-supply model

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Published in Economics Letters, 112, pp. 256–258 Number 11-01 11 pages
Classification:	F41 - Open Economy Macroeconomics ; E51 - Money Supply; Credit; Money Multipliers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009224835