Credit market and monetary policy: A possible source of fluctuations and financial crisis

The credit market has played an important role in the recent financial crisis and recession of the U. S. economy. Looking for an explanation about it we built and used a macroeconomic model with a credit market to describe a GDP cycle and a rise and decline of the collateralized asset price related...

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Autores:
Tipo de recurso:
Fecha de publicación:
2011
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/23942
Acceso en línea:
https://repository.urosario.edu.co/handle/10336/23942
Palabra clave:
Bubbles
Business cycles
Collateral constraint
Credit constraints
Monetary policy
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