The anatomy of standard DSGE models with financial frictions
نویسندگان
چکیده
منابع مشابه
The Role of Financial Frictions in Iran’s Business Cycles: A DSGE Approach
B efore the incidence of the financial crisis in 2008, the financial sector was ignored in the most of business cycles analyses. It was assumed that the financial sector played no independent role in describing business cycle fluctuations and followed the real part of the economy. In recent years, modeling financial frictions have been much considered in business cycles literature. T...
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2013
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2012.06.008