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FINANCIAL CAPACITY AND OUTPUT FLUCTUATIONS IN AN ECONOMY WITH MULTIPERIOD FINANCIAL RELATIONSHIPS

Gertler, Mark - C.V. Starr Center for Applied Economics, Department of … - 1990

Persistent link: https://www.econbiz.de/10005264356

Markups, Gaps, and the Welfare Costs of Business Fluctuations

Galí, Jordi; Gertler, Mark; López-Salido, J. David - Barcelona Graduate School of Economics (Barcelona GSE) - 2003

In this paper we present a simple, theory-based measure of the variations in aggregate economic eﬃciency associated with business fluctuations. We decompose this indicator, which we refer to as the gap, into two constituent parts: a price markup and a wage markup, and show that the latter...

Persistent link: https://www.econbiz.de/10010547300

Distinguishing theories of the monetary transmission mechanism: commentary

Gertler, Mark - In: Review (1995) May, pp. 98-100

Persistent link: https://www.econbiz.de/10010726996

The role of credit market imperfections in the monetary transmission mechanism: arguments and evidence

Gertler, Mark; Gilchrist, Simon - Federal Reserve Board (Board of Governors of the … - 1993

Persistent link: https://www.econbiz.de/10004965416

The cyclical behavior of short term business lending: implications for financial propagation mechanisms

Gertler, Mark; Gilchrist, Simon - Federal Reserve Board (Board of Governors of the … - 1993

Persistent link: https://www.econbiz.de/10005721094

Markups, Gaps and the Welfare Costs of Business Fluctuations

Galí, Jordi; Gertler, Mark; Lopez-Salido, Jose David - C.E.P.R. Discussion Papers - 2002

In this Paper we present a simple, theory-based measure of the variations in aggregate economic efficiency associated with business fluctuations. We decompose this indicator, which we refer to as ‘the gap’, into two constituent parts: a price markup and a wage markup, and show that the...

Persistent link: https://www.econbiz.de/10005136512

Distinguishing theories of the monetary transmission mechanism: commentary

Gertler, Mark - In: Proceedings (1995) May, pp. 98-100

Persistent link: https://www.econbiz.de/10005498438

INTEREST RATE SPREADS, CREDIT CONSTRAINTS, AND INVESTMENT FLUCTUATIONS: AN EMPIRICAL INVESTIGATION

Gertler, Mark; Hubbard, R. Glenn; Kashyap, Anil - C.V. Starr Center for Applied Economics, Department of … - 1990

Persistent link: https://www.econbiz.de/10005611671