Financial Frictions in Data : Evidence and Impact /

This paper investigates financial frictions in US postwar data to understand the interaction between the real business cycle and the credit market. A Bayesian estimation technique is used to estimate a large Vector Autoregression and New Keynesian models demonstrating how financial shocks can have a...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Taheri Sanjani, Marzie
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2014.
Sarja:IMF Working Papers; Working Paper ; No. 2014/238
Linkit:Full text available on IMF