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Romer (2000) provides an alternative model to the AS/AD and IS/LM models that abandons the LM schedule by having the short-term interest rate set by the central bank. His framework acknowledges the critical role of the central bank in determining short-term interest rates, which moves mainstream...
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The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on … determinants and the general trends of the banking credit market between December 2003 and December 2011, while the third section …
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There are more young adults today with either no credit history or insufficient credit history to be scored by one of … the major credit bureaus than there were before the Great Recession−a reality that is likely an unintended outcome of the … missing from credit bureau data act as a drag on state-level consumption growth. This finding seems to be driven by young …
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