This note develops a simple macro model where the pattern of wealth accumulation is determined by a credit multiplier and by the way households react to short run fluctuations. In this setup, long term wealth dynamics are eventually characterized by the presence of endogenous cycles
Credit and business cycles play an important role in economic research, especially for central banks...
This paper considers an endogenous growth model with asymmetric information between lenders and borr...
We show that in an open-economy OLG model, the interaction between growth differentials and househol...
This note develops a simple macro model where the pattern of wealth accumulation is determined by a ...
Recent literature on financial development and growth has highlighted the possibility of endogenous ...
The relation between the degree of financial development of an economy (measured by the extent in wh...
SCIELO:S0034-71402010000400003 (Nº de Acesso Web of Science)Recent literature on financial developme...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
Recent literature on financial development and growth has highlighted the possibility of endogenous ...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
The relation between the degree of financial development of an economy (measured by the extent in wh...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
This paper considers an endogenous growth model with asymmetric information between lenders and borr...
This paper presents a continuous-time consumption-investment model for a household without debt enfo...
Abstract: Following the literature on growth, cycles and financial development, this paper develops ...
Credit and business cycles play an important role in economic research, especially for central banks...
This paper considers an endogenous growth model with asymmetric information between lenders and borr...
We show that in an open-economy OLG model, the interaction between growth differentials and househol...
This note develops a simple macro model where the pattern of wealth accumulation is determined by a ...
Recent literature on financial development and growth has highlighted the possibility of endogenous ...
The relation between the degree of financial development of an economy (measured by the extent in wh...
SCIELO:S0034-71402010000400003 (Nº de Acesso Web of Science)Recent literature on financial developme...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
Recent literature on financial development and growth has highlighted the possibility of endogenous ...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
The relation between the degree of financial development of an economy (measured by the extent in wh...
Following the literature on growth, cycles and financial development, this paper develops an endogen...
This paper considers an endogenous growth model with asymmetric information between lenders and borr...
This paper presents a continuous-time consumption-investment model for a household without debt enfo...
Abstract: Following the literature on growth, cycles and financial development, this paper develops ...
Credit and business cycles play an important role in economic research, especially for central banks...
This paper considers an endogenous growth model with asymmetric information between lenders and borr...
We show that in an open-economy OLG model, the interaction between growth differentials and househol...