Financial Frictions in Macroeconomic Models

In recent decades, macroeconomic researchers have looked to incorporate financial intermediaries explicitly into business-cycle models. These modeling developments have helped us to understand the role of the financial sector in the transmission of policy and external shocks into macroeconomic dynam...

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Bibliographic details
Main Author:	Alfred Duncan Charles Nolan
Format:	Reference
Language:	English
Place of publication:	Oxford University Press 01.04.2018 Canterbury: University of Kent, School of Economics
published in:	Oxford Research Encyclopedia of Economics and Finance
Data of publication:	2018-04-01
ISBN:	9780190625979 019062597X
Dewey Decimal Classification:	330
Discipline:	Economics
Subjects:	Financial Frictions Macroeconomics Credit Intermediation macroeconomics financial frictions business cycles financial crises credit intermediation
Online Access:	available in Bonn?
Database:	OpenAIRE OpenAIRE (Open Access) Database information Databases - DBIS