Beltran Lopez, Helena (contributor); … - 2004
through credit rationing, also called the credit
crunch.9 See Bernanke and Gertler (1995) and Bernanke and Gertler (1999). A … theoretical models and discussions of
this problem (Bernanke and Gertler, 1999 and Borio and Lowe, 2002) yield ambiguous results … the constraint in the real activity in Japan from 1992 onwards.
10See Bernanke and Gertler (1999), Cecchetti, Genberg …