Showing 1 - 10 of 145
This paper introduces agent heterogeneity, liquidity, and endogenous default to a DSGE framework. Our model allows for … the economy. Due to liquidity and endogenous default, the transmission mechanism of shocks is well defined, and their …
Persistent link: https://www.econbiz.de/10003923247
Persistent link: https://www.econbiz.de/10012156867
This paper studies banks' liquidity provision in the Lagos and Wright model of monetary exchanges. With aggregate …
Persistent link: https://www.econbiz.de/10011747458
Persistent link: https://www.econbiz.de/10014455477
Persistent link: https://www.econbiz.de/10009655630
Persistent link: https://www.econbiz.de/10012259895
Persistent link: https://www.econbiz.de/10011574139
Persistent link: https://www.econbiz.de/10011574426
Persistent link: https://www.econbiz.de/10011825601
Persistent link: https://www.econbiz.de/10012156844