Darracq Pariès, Matthieu; Notarpietro, Alessandro - 2008
We estimate a two-country Dynamic Stochastic General Equilibrium model for the US and the euro area including relevant … importance of the collateral channel in the euro area. Moreover, we document the various implications of credit frictions for the … uS and the
euro area
by Matthieu Darracq Pariès
and Alessandro Notarpietro
WORKING PAPER SERIES
NO 972 / NOVEMBER …