Browsing Department of Economics (ECO) by Subject "financial frictions"

DSpace/Manakin Repository

Browsing Department of Economics (ECO) by Subject "financial frictions"

Sort by: Order: Results:

  • Icon
    Title: Credit within the Firm  Author(s): GUISO, Luigi; PISTAFERRI, Luigi; SCHIVARDI, Fabiano Date: 2010 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We exploit time variation in the degree of development of local credit markets and matched employer-employee data to assess the role of the firm as an internal credit market. In less developed local credit markets firms ...
  •  
    Title: Fleshing Out the Monetary Transmission Mechanism: Output Composition and the Role of Financial Frictions  Author(s): MEIER, André; MÜLLER, Gernot J. Date: 2006 Type of Publication: Article Abstract: Financial frictions affect the way in which different macroeconomic series respond to a monetary policy shock. We embed the financial accelerator of Bernanke, Gertler, and Gilchrist (1999) into a medium-scale DSGE model ...