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A Simple Dynamic Model of Credit and Aggregate Demand

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  • Alejandro Diaz-Bautista

    (COLEF)

  • Julio R. Escandon

    (CNBV)

Abstract

The purpose of the paper is to present a tractable model of an old topic which is becoming more important in macroeconomics: the link between financial structure and economic activity.

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File URL: http://128.118.178.162/eps/mac/papers/0308/0308001.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Macroeconomics with number 0308001.

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Length: 21 pages
Date of creation: 07 Aug 2003
Date of revision:
Handle: RePEc:wpa:wuwpma:0308001

Note: Type of Document - pdf; prepared on IBM PC - PC-TEX/UNIX Sparc TeX; to print on HP; pages: 21 ; figures: included. Published as Working Paper #18, Department of Economic Studies, COLEF, August 2000.
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Web page: http://128.118.178.162

Related research

Keywords: Aggregate Demand; Fiscal Policy; Monetary Policy; moral hazard; adverse selection; suuply of credit; reserves.;

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References

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  37. Huntley Schaller, 1993. "Asymmetric Information, Liquidity Constraints and Canadian Investment," Canadian Journal of Economics, Canadian Economics Association, vol. 26(3), pages 552-74, August.
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