Dealing with financial instability under a DSGE modeling approach with banking intermediation: a predictability analysis versus TVP-VARs
In the dynamic stochastic general equilibrium (DSGE) literature there has been an increasing awareness on the role that the banking sector can play in macroeconomic activity. We present a DSGE model with financial intermediation as in Gertler and Karadi (2011). The estimation of shocks and of the st...
|Place of publication:||
|Data of publication:||2016|
Journal of Financial Stability vol:26 pages:216-227
|Online Access:||available in Bonn?|
|Database:||Lirias (KU Leuven Association)
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