Credit and Banking in a DSGE model

By Andrea Gerali, S. Neri, Luca Sessa, F. Signoretti. 2009

127 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b65a849aa360bb07d3c92672400f830242c66bc2

Citations in the corpus

• The Central-Bank Balance Sheet as an Instrument of Monetary Policy (2011, unknown): “…in any event that the justification for 41The assumption that η > 1 also allows our model to match the prediction of VAR estimates that an unexpected tightening of monetary policy is associated with a slight reduction in credit spreads (see, e.g., Lown and Morgan, 2002, and Gerali et al., 2008).”