Add to ORKGThe aim of this work is to compare and contrast different ways of modeling financial shocks and financial intermediaries in the Dynamic Stochastic General Equilibrium models (DSGE models) and to discuss the empirical evidence on the importance of modeling financial sector and financial shocks in the economy. The analysis is based on four papers on the matter Jerman and Quiadrini (2009),Christiano, Motto and Rostagno (2006), Goodfriend and McCallum (2007), and Gertler and Kiyotaki (2009
This survey gives insight into the ongoing research in financial frictions modeling. The recent fina...
We estimate a two-sector DSGE model with financial intermediaries—a-la Gertler and Karadi 2011) and ...
In the dynamic stochastic general equilibrium (DSGE) literature there has been an increasing awarene...
The recent global financial crisis and the Eurozone sovereign default have rekindled the debate on t...
After the banking crises experienced by many countries in the 1990s and in 2008, financial market co...
How important are financial friction shocks in business cycles fluctuations? To answer this question...
After the banking crises experienced by many countries in the 1990s and in 2008, financial market c...
DSGE are for a time the favorite models in the simulation of monetary policies at the central banks....
This paper assesses the empirical relevance of financial frictions in the Euro Area (EA) and the Uni...
In this paper, the importance of the financial frictions in the countries of the Visegrád Group is c...
General financial models have become workhorse models in the fields of macroeconomics and finance. ...
We build a time varying DSGE model with financial frictions in order to evaluate changes in the resp...
This paper evaluates the role of nancial intermediaries, such as banks, on the extensive margin of a...
Gertler and Karadi combined financial intermediation and unconventional 'monetary policy' in a DSGE ...
The paper investigates the impacts of the volatility of monetary policy on the economy in a DSGE mod...
This survey gives insight into the ongoing research in financial frictions modeling. The recent fina...
We estimate a two-sector DSGE model with financial intermediaries—a-la Gertler and Karadi 2011) and ...
In the dynamic stochastic general equilibrium (DSGE) literature there has been an increasing awarene...
The recent global financial crisis and the Eurozone sovereign default have rekindled the debate on t...
After the banking crises experienced by many countries in the 1990s and in 2008, financial market co...
How important are financial friction shocks in business cycles fluctuations? To answer this question...
After the banking crises experienced by many countries in the 1990s and in 2008, financial market c...
DSGE are for a time the favorite models in the simulation of monetary policies at the central banks....
This paper assesses the empirical relevance of financial frictions in the Euro Area (EA) and the Uni...
In this paper, the importance of the financial frictions in the countries of the Visegrád Group is c...
General financial models have become workhorse models in the fields of macroeconomics and finance. ...
We build a time varying DSGE model with financial frictions in order to evaluate changes in the resp...
This paper evaluates the role of nancial intermediaries, such as banks, on the extensive margin of a...
Gertler and Karadi combined financial intermediation and unconventional 'monetary policy' in a DSGE ...
The paper investigates the impacts of the volatility of monetary policy on the economy in a DSGE mod...
This survey gives insight into the ongoing research in financial frictions modeling. The recent fina...
We estimate a two-sector DSGE model with financial intermediaries—a-la Gertler and Karadi 2011) and ...
In the dynamic stochastic general equilibrium (DSGE) literature there has been an increasing awarene...