Amplifying Business Cycles through Credit Constraints
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More about this item
Keywords
Borrowing constraint; Endogenous; Net worth; Business cycle; Amplification;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2007-02-24 (Business Economics)
- NEP-DGE-2007-02-24 (Dynamic General Equilibrium)
- NEP-MAC-2007-02-24 (Macroeconomics)
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