Narrow search
Showing 1 - 10 of 610,755
Cover Image
Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy
Chang, Roberto - 2017
bank credit becomes relatively more expensive, reflecting the scarcity of bank equity. More generally, the model is …
Persistent link: https://www.econbiz.de/10012968483
Cover Image
Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy
Chang, Roberto - 2016
bank credit becomes relatively more expensive, reflecting the scarcity of bank equity. More generally, the model is …
Persistent link: https://www.econbiz.de/10012987606
Cover Image
Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy
Chang, Roberto - 2016
bank credit becomes relatively more expensive, reflecting the scarcity of bank equity. More generally, the model is …
Persistent link: https://www.econbiz.de/10012456300
Cover Image
Comment on: "bond finance, bank credit, and aggregate fluctuations in an open economy" by Roberto Chang, Andres Fernández, Adam Gulan
Aguiar, Mark - In: Journal of monetary economics 85 (2017), pp. 110-113
Persistent link: https://www.econbiz.de/10011750246
Cover Image
External shocks and FX intervention policy in emerging economies
Carrasco, Alex; Florián Hoyle, David - 2021
intervention policy successfully reduces credit, investment, and output volatility, along with substantial welfare gains when …
Persistent link: https://www.econbiz.de/10012616248
Cover Image
The impacts of credit standards on aggregate fluctuations in a small open economy : the role of monetary policy
Le, Hai - In: Economies : open access journal 9 (2021) 4, pp. 1-26
Empirical evidence demonstrates that credit standards, including lending margins and collateral requirements, move in a … countercyclical movement in credit standards. Our analysis demonstrates that countercyclical fluctuations in credit standards work as … an amplifier of shocks to the economy. In particular, the existence of endogenous credit standards increases output …
Persistent link: https://www.econbiz.de/10012800343
Cover Image
The Aino 3.0 model
Silvo, Aino; Verona, Fabio - 2020
, and the presence of credit-constrained households, on the other hand, affect the transmission of key macroeconomic and …
Persistent link: https://www.econbiz.de/10012225376
Cover Image
A welfare analysis of capital account liberalization
Hagen, Jürgen von (contributor); Zhang, Haiping (contributor) - 2006
We develop a model of a small open economy with credit market frictions of the Holmstrom-Tirole type to analyze the …
Persistent link: https://www.econbiz.de/10003449263
Cover Image
Financial openness and macroeconomic volatility
Hagen, Jürgen von (contributor); Zhang, Haiping (contributor) - 2006
We analyze the implications of financial openness to macroeconomic volatility in a small open economy. Major macroeconomic aggregates show non-monotonic volatility patterns with respect to the degree of financial openness in the model without domestic financial frictions. The introduction of...
Persistent link: https://www.econbiz.de/10003449265
Cover Image
Equity Returns and Business Cycles in Small Open Economies
Jahan-Parvar, Mohammad R. - 2013
This is the first paper in the DSGE literature to match key business cycle moments and long-run equity returns in a small open economy with production. These results are achieved by introducing four modifications to a standard real business cycle model: (1) borrowing and lending costs are...
Persistent link: https://www.econbiz.de/10013092427