Investment, credit, and endogenous cycles
Author
Abstract
Suggested Citation
DOI: 10.1007/BF01236066
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Cooley, Thomas F & Hansen, Gary D, 1989.
"The Inflation Tax in a Real Business Cycle Model,"
American Economic Review, American Economic Association, vol. 79(4), pages 733-748, September.
- Thomas F. Cooley & Gary D. Hansen, 1987. "The Inflation Tax in a Real Business Cycle Model," UCLA Economics Working Papers 496, UCLA Department of Economics.
- Cooley, T.F. & Hansen, G.D., 1988. "The Inflation Tax In A Real Business Cycle Model," RCER Working Papers 155, University of Rochester - Center for Economic Research (RCER).
- Cooley, T.F. & Hansen, G.D., 1988. "The Inflation Tax In A Real Business Cycle Model," Papers 88-05, Rochester, Business - General.
- Feenstra, Robert C., 1986. "Functional equivalence between liquidity costs and the utility of money," Journal of Monetary Economics, Elsevier, vol. 17(2), pages 271-291, March.
- Reichlin Pietro, 1997. "Endogenous Cycles in Competitive Models: An Overview," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 1(4), pages 1-13, January.
- Steven M. Fazzari & R. Glenn Hubbard & Bruce C. Petersen, 1988.
"Financing Constraints and Corporate Investment,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 19(1), pages 141-206.
- Steven Fazzari & R. Glenn Hubbard & Bruce C. Petersen, 1987. "Financing Constraints and Corporate Investment," NBER Working Papers 2387, National Bureau of Economic Research, Inc.
- Franz Wirl, 1994. "The ramsey model revisited: The optimality of cyclical consumption and growth," Journal of Economics, Springer, vol. 60(1), pages 81-98, February.
- Finn E. Kydland & Edward C. Prescott, 1996.
"The Computational Experiment: An Econometric Tool,"
Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 69-85, Winter.
- Finn E. Kydland & Edward C. Prescott, 1994. "The computational experiment: an econometric tool," Staff Report 178, Federal Reserve Bank of Minneapolis.
- Finn E. Kydland & Edward C. Prescott, 1994. "The computational experiment: an econometric tool," Working Papers (Old Series) 9420, Federal Reserve Bank of Cleveland.
- Scheinkman, Jose A & Weiss, Laurence, 1986. "Borrowing Constraints and Aggregate Economic Activity," Econometrica, Econometric Society, vol. 54(1), pages 23-45, January.
- Ohkusa, Yasushi, 1993. "Money creation system in the Real Business Cycle theory," Economics Letters, Elsevier, vol. 42(4), pages 367-371.
- Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, December.
- Duncan K. Foley, 1992. "A Contribution to the Theory of Business Cycles," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(3), pages 1071-1088.
- Feichtinger, Gustav & Novak, Andreas & Wirl, Franz, 1994. "Limit cycles in intertemporal adjustment models : Theory and applications," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 353-380, March.
- Asada, Toichiro & Semmler, Willi, 1995. "Growth and finance: An intertemporal model," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 623-649.
- King, Robert G & Plosser, Charles I, 1984. "Money, Credit, and Prices in a Real Business Cycle," American Economic Review, American Economic Association, vol. 74(3), pages 363-380, June.
- Robert E. Lucas & Jr., 1967. "Adjustment Costs and the Theory of Supply," Journal of Political Economy, University of Chicago Press, vol. 75(4), pages 321-321.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018.
"Endogenous labor share cycles: Theory and evidence,"
Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
- McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Endogenous labor share cycles: theory and evidence," Working Paper Series 1765, European Central Bank.
- Peter McAdam & Jakub Muck & Jakub Growiec, 2015. "Endogenous Labor Share Cycles: Theory and Evidence," 2015 Meeting Papers 62, Society for Economic Dynamics.
- Jakub Growiec & Peter McAdam & Jakub Muck, 2016. "Endogenous Labor Share Cycles: Theory and Evidence," KAE Working Papers 2016-015, Warsaw School of Economics, Collegium of Economic Analysis.
- Joao Ricardo Faria, 2000. "Integrating Tobin's Q with Goodwin's Nonlinear Accelerator," Working Paper Series 104, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2005.
"Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy,"
Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 1-45, February.
- Lawrence J. Christiano & Martin S. Eichenbaum & Charles L. Evans, 2001. "Nominal rigidities and the dynamic effects of a shock to monetary policy," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Lawrence J. Christiano & Martin Eichenbaum & Charles Evans, 2001. "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy," NBER Working Papers 8403, National Bureau of Economic Research, Inc.
- Lawrence J. Christiano & Martin S. Eichenbaum & Charles L. Evans, 2001. "Nominal rigidities and the dynamic effects of a shock to monetary policy," Working Paper Series WP-01-08, Federal Reserve Bank of Chicago.
- Lawrence J. Christiano & Martin S. Eichenbaum & Charles L. Evans, 2001. "Nominal rigidities and the dynamic effects of a shock to monetary policy," Working Papers (Old Series) 0107, Federal Reserve Bank of Cleveland.
- Ragot, Xavier, 2014.
"The case for a financial approach to money demand,"
Journal of Monetary Economics, Elsevier, vol. 62(C), pages 94-107.
- Xavier Ragot, 2008. "The case for a financial approach to money demand," PSE Working Papers halshs-00586066, HAL.
- Xavier Ragot, 2014. "The case for a financial approach to money demand," Post-Print halshs-00978785, HAL.
- Xavier Ragot, 2014. "The case for a financial approach to money demand," PSE-Ecole d'économie de Paris (Postprint) halshs-00978785, HAL.
- Ragot, X., 2010. "The Case for a Financial Approach to Money Demand," Working papers 300, Banque de France.
- Xavier Ragot, 2009. "The Case for a Financial Approach to Money Demand," 2009 Meeting Papers 474, Society for Economic Dynamics.
- Xavier Ragot, 2008. "The case for a financial approach to money demand," Working Papers halshs-00586066, HAL.
- repec:spo:wpmain:info:hdl:2441/4vm8e5vhjr99cb1ekr86bivlk0 is not listed on IDEAS
- Joao Ricardo Faria, 2000. "Integrating Tobin's Q with Goodwin's Nonlinear Accelerator," Working Paper Series 104, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
- William A. Barnett & Milka Kirova & Meenakshi Pasupathy, 1996.
"Technology Modeling: Curvature is not Sufficient for Regularity,"
Econometrics
9602002, University Library of Munich, Germany, revised 24 Jun 1999.
- William Barnett & Milka Kirova & Meenakshi Pasupathy, 2012. "Technology Modeling: Curvature is not Sufficient for Regularity," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201214, University of Kansas, Department of Economics, revised Sep 2012.
- Richard Rogerson, 1997. "Theory Ahead of Language in the Economics of Unemployment," Journal of Economic Perspectives, American Economic Association, vol. 11(1), pages 73-92, Winter.
- Willi Semmler, 2011.
"Asset Prices, Booms and Recessions,"
Springer Books,
Springer, number 978-3-642-20680-1, June.
- Willi Semmler, 2006. "Asset Prices, Booms and Recessions," Springer Books, Springer, edition 0, number 978-3-540-24696-1, June.
- Benk, Szilárd & Gillman, Max & Kejak, Michal, 2010.
"A banking explanation of the US velocity of money: 1919-2004,"
Journal of Economic Dynamics and Control, Elsevier, vol. 34(4), pages 765-779, April.
- Kejak, Michal & Gillman, Max & Benk, Szilárd, 2009. "A Banking Explanation of the US Velocity of Money: 1919-2004," CEPR Discussion Papers 7544, C.E.P.R. Discussion Papers.
- Benk, Szil rd & Gillman, Max & Kejak, Michal, 2009. "A Banking Explanation of the US Velocity of Money: 1919-2004," Cardiff Economics Working Papers E2009/25, Cardiff University, Cardiff Business School, Economics Section.
- Szilard Benk & Max Gillman & Michal Kejak, 2009. "A Banking Explanation of the US Velocity of Money: 1919-2004," CERS-IE WORKING PAPERS 0923, Institute of Economics, Centre for Economic and Regional Studies.
- Wang, Peng-fei & Wen, Yi, 2006.
"Another look at sticky prices and output persistence,"
Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2533-2552, December.
- Wang, Peng-fei & Wen, Yi, 2004. "Another Look at Sticky Prices and Output Persistence," Working Papers 04-19, Cornell University, Center for Analytic Economics.
- Pengfei Wang & Yi Wen, 2005. "Another look at sticky prices and output persistence," Working Papers 2005-051, Federal Reserve Bank of St. Louis.
- Jinill Kim, 1998. "Monetary policy in a stochastic equilibrium model with real and nominal rigidities," Finance and Economics Discussion Series 1998-02, Board of Governors of the Federal Reserve System (U.S.).
- Shaw, Ming-Fu & Lai, Ching-Chong & Chang, Wen-Ya, 2005. "Anticipated policy and endogenous growth in a small open monetary economy," Journal of International Money and Finance, Elsevier, vol. 24(5), pages 719-743, September.
- repec:hal:spmain:info:hdl:2441/4vm8e5vhjr99cb1ekr86bivlk0 is not listed on IDEAS
- repec:spo:wpmain:info:hdl:2441/j7nncuouv9a0af4mubojrr2vc is not listed on IDEAS
- Jean-Bernard Chatelain, 2003.
"Structural modelling of financial constraints on investment: where do we stand?,"
Chapters, in: Paul Butzen & Catherine Fuss (ed.), Firms’ Investment and Finance Decisions, chapter 2, pages 40-58,
Edward Elgar Publishing.
- Jean-Bernard Chatelain, 2003. "Structural Modelling of Financial Constraints on Investment: Where Do We Stand?," Post-Print halshs-00112522, HAL.
- Jean-Bernard Chatelain, 2003. "Structural Modelling of Financial Constraints on Investment: Where Do We Stand?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00112522, HAL.
- Rösl, Gerhard & Seitz, Franz & Tödter, Karl-Heinz, 2017. "Doing away with cash? The welfare costs of abolishing cash," IMFS Working Paper Series 112, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
- Joao Ricardo Faria, 1999. "Consumer Behaviour, Labour Supply and Diabetes: The Complex Case," Working Paper Series 88, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
- Mark Gertler, 1988.
"Financial structure and aggregate economic activity: an overview,"
Proceedings, Federal Reserve Bank of Cleveland, pages 559-596.
- Gertler, Mark, 1988. "Financial Structure and Aggregate Economic Activity: An Overview," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(3), pages 559-588, August.
- Mark L. Gertler, 1988. "Financial Structure and Aggregate Economic Activity: An Overview," NBER Working Papers 2559, National Bureau of Economic Research, Inc.
- Thomas URL & Josef BAUMGARTNER & Helmut HOFER & Serguei KANIOVSKI & Andreas U. SCHUH, 2010. "A Long-run Macroeconomic Model of the Austrian Economy (A-LMM)," EcoMod2004 330600143, EcoMod.
- Bosi, Stefano & Dufourt, Frédéric, 2008.
"Indeterminacy with constant money growth rules and income-based liquidity constraints,"
Research in Economics, Elsevier, vol. 62(2), pages 57-63, June.
- Stefano Bosi & Frédéric Dufourt, 2005. "Indeterminacy with Constant Money Growth Rules and Income-Based Liquidity Constraints," Documents de recherche 05-22, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Stefano Bosi & Frederic Dufourt, 2008. "Indeterminacy with constant money growth rules and income-based liquidity constraints," Post-Print hal-00796231, HAL.
- Robert Akerlof & Richard Holden, 2016.
"Movers and Shakers,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(4), pages 1849-1874.
- Robert Akerlof & Richard Holden, 2015. "Movers and Shakers," Discussion Papers 2015-18, School of Economics, The University of New South Wales.
- Ramey, Valerie, 1993.
"How important is the credit channel in the transmission of monetary policy?,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 1-45, December.
- Valerie A. Ramey, 1993. "How Important is the Credit Channel in the Transmission of Monetary Policy?," NBER Working Papers 4285, National Bureau of Economic Research, Inc.
- Rösl, Gerhard & Seitz, Franz & Tödter, Karl-Heinz, 2017.
"Besser ohne Bargeld? Gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung [Doing away with cash? The macroeconomic welfare costs of abolishing cash],"
Weidener Diskussionspapiere
58, University of Applied Sciences Amberg-Weiden (OTH).
- Gerhard Rösl & Franz Seitz & Karl-Heinz Tödter, 2017. "Besser ohne Bargeld? Gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung," ROME Working Papers 201706, ROME Network.
- Xavier Ragot, 2018.
"Limited Participation, Capital Accumulation and Optimal Monetary Policy,"
Working Papers
hal-03444395, HAL.
- Xavier Ragot, 2018. "Limited Participation, Capital Accumulation and Optimal Monetary Policy," SciencePo Working papers hal-03444395, HAL.
- Xavier Ragot, 2018. "Limited Participation, Capital Accumulation and Optimal Monetary Policy," SciencePo Working papers Main hal-03444395, HAL.
More about this item
Keywords
business cycles; investment; credit; E12; E32;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jeczfn:v:67:y:1998:i:2:p:135-143. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.