Christiano, Lawrence J. (contributor); … - 2004 - [Elektronische Ressource]
in Hydra; the Second Conference of the Euro Area Business
Cycle Network at the European Central Bank; Harvard University …. Wedothisbydeveloping a standard monetary
business cycle model in three directions: We add several shocks, a banking sector and financial … 1930s
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Cole and Ohanian (2001) cite evidence that business loans remained relatively strong during the contraction phase …