Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10003405163
Stochastic general equilibrium models of small open economies with occasionally binding financial frictions are capable of mimicking both the business cycles and the crisis events associated with the sudden stop in access to credit markets (Mendoza, 2010). In this paper we study the...
Persistent link: https://www.econbiz.de/10008772870