Salem, Salha Ben; Sayari, Sonia; Labidi, Moez - In: Economies : open access journal 12 (2024) 3, pp. 1-16
In this study, we explored the impact of bank leverage and financial frictions on the transmission of real and financial shocks. Two new Keynesian dynamic stochastic general equilibrium (DSGE) models, with and without financial frictions, were employed in the context of the Tunisian economy. In...