A Dynamic General Equilibrium Framework of Investment with Financing Constraint /

In this paper, we provide a dynamic general equilibrium framework with an explicit investment-financing constraint. The constraint is intended as a reduced form to capture the balance sheet effects, which have been widely regarded as an important determinant of financial crises. We derive a link bet...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Xie, Danyang
Rannpháirtithe: Yuen, Chi-Wa
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2002.
Sraith:IMF Working Papers; Working Paper ; No. 2002/041
Rochtain ar líne:Full text available on IMF