Tor Einarsson (contributor); Marquis, Milton H. (contributor) - 2000 - [Elektronische Ressource]
.
(1991,1995,1997) have incorporated this feature of the economy into equilibrium business
cycle models by introducing a … financed through bank lending
cannot vary over the business cycle, since all working capital loans are financed by banks.
The … equilibriummonetary
business cycle models [such as Cooley and Hansen (1989)], the cyclical properties of real
variables in these models …