Credit market and monetary policy: A possible source of fluctuations and financial crisis

The credit market has played an important role in the recent financial crisis and recession of the U. S. economy. Looking for an explanation about it we built and used a macroeconomic model with a credit market to describe a GDP cycle and a rise and decline of the collateralized asset price related...

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Detalles Bibliográficos
Autores Principales: Arango M., Posada C.E., Tamayo J.A.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier Doyma 2011
Acceso en línea: