Leverage restrictions in a business cycle model

We seek to develop a business cycle model with a financial sector which can be used to study the consequences of policies to restrict the leverage of financial institutions (banks). Because we wish the model to be consistent with basic features of business cycle data we introduce our banking system...

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Auteurs principaux: Christiano, Lawrence J., Ikeda, Daisaku, 1928-
Format: Artículo
Langue:eng
Publié: Banco Central de Chile 2019
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Accès en ligne:https://hdl.handle.net/20.500.12580/3806
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