Credit Market Imperfection and Sectoral Asymmetry of Chinese Business Cycle /

Credit Market Imperfection and Sectoral Asymmetry of Chinese Business Cycle /

This paper analyzes the role of credit market imperfection and sectoral asymmetry as a means through which shocks to the real economy are propagated and amplified. Drawing on firm-level data to calibrate the model, our simulations capture two key stylized facts of the Chinese economy: that credit co...

書誌詳細
第一著者:	Zhang, Yuanyan
フォーマット:	雑誌
言語:	English
出版事項:	Washington, D.C. : International Monetary Fund, 2011.
シリーズ:	IMF Working Papers; Working Paper ; No. 2011/118
オンライン･アクセス:	Full text available on IMF

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