Showing 1 - 10 of 1,413
Persistent link: https://www.econbiz.de/10010479491
Persistent link: https://www.econbiz.de/10009572425
Persistent link: https://www.econbiz.de/10009572544
Persistent link: https://www.econbiz.de/10009423899
Persistent link: https://www.econbiz.de/10009425667
Persistent link: https://www.econbiz.de/10009486197
Persistent link: https://www.econbiz.de/10009488220
Persistent link: https://www.econbiz.de/10009747249
The interaction between credit frictions, financial innovation, and a switch from optimistic to pessimistic beliefs played a central role in the 2008 financial crisis. This paper develops a quantitative general equilibrium framework in which this interaction drives the financial amplification...
Persistent link: https://www.econbiz.de/10009620984