Credit Cycles in a OLG Economy with Money and Bequest
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Agliari, A. & Assenza, T. & Delli Gatti, D. & Santoro, E., 2007. ""Credit Cycle" in an OLG Economy with Money and Bequest," CeNDEF Working Papers 07-04, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Anna Agliari & Tiziana Assenza & Domenico Delli Gatti & Emiliano Santoro, 2006. "Credit Cycles in a OLG Economy with Money and Bequest," Computing in Economics and Finance 2006 369, Society for Computational Economics.
References listed on IDEAS
- John Moore & Nobuhiro Kiyotaki, 2008.
"Liquidity, Business Cycles, and Monetary Policy,"
2008 Meeting Papers
35, Society for Economic Dynamics.
- Nobuhiro Kiyotaki & John Moore, 2012. "Liquidity, Business Cycles and Monetary Policy," Edinburgh School of Economics Discussion Paper Series 113, Edinburgh School of Economics, University of Edinburgh.
- Nobuhiro Kiyotaki & John Moore, 2012. "Liquidity, Business Cycles, and Monetary Policy," NBER Working Papers 17934, National Bureau of Economic Research, Inc.
- Matteo Iacoviello, 2005.
"House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle,"
American Economic Review, American Economic Association, vol. 95(3), pages 739-764, June.
- Matteo Iacoviello, 2002. "House prices, borrowing constraints and monetary policy in the business cycle," Boston College Working Papers in Economics 542, Boston College Department of Economics, revised 06 Dec 2004.
- Kenneth Kasa, 1998.
"Borrowing constraints and asset market dynamics: evidence from the Pacific Basin,"
Economic Review, Federal Reserve Bank of San Francisco, pages 17-28.
- Kenneth Kasa, 1998. "Borrowing constraints and asset market dynamics: evidence from the Pacific Basin," Pacific Basin Working Paper Series 98-04, Federal Reserve Bank of San Francisco.
- Juan-Carlos Cordoba & Marla Ripoll, 2004.
"Credit Cycles Redux,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(4), pages 1011-1046, November.
- Cordoba, Juan & Ripoll, Marla, 2002. "Credit Cycles Redux," Working Papers 2002-07, Rice University, Department of Economics.
- Juan Cordoba & Marla Ripoll, 2002. "Credit Cycles Redux," Macroeconomics 0210004, University Library of Munich, Germany.
- Cordoba, Juan Carlos & Ripoll, Marla, 2010. "Credit Cycles Redux," Staff General Research Papers Archive 32122, Iowa State University, Department of Economics.
- Weiss, Laurence M, 1980. "The Effects of Money Supply on Economic Welfare in the Steady State," Econometrica, Econometric Society, vol. 48(3), pages 565-576, April.
- Ben Bernanke & Mark Gertler, 1990.
"Financial Fragility and Economic Performance,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(1), pages 87-114.
- Ben Bernanke & Mark Gertler, 1987. "Financial Fragility and Economic Performance," NBER Working Papers 2318, National Bureau of Economic Research, Inc.
- Bernanke, Ben & Gertler, Mark, 1987. "Financial Fragility And Economic Performance," SSRI Workshop Series 292690, University of Wisconsin-Madison, Social Systems Research Institute.
- Nobuhiro Kiyotaki & John Moore, 2002.
"Evil Is the Root of All Money,"
American Economic Review, American Economic Association, vol. 92(2), pages 62-66, May.
- John Moore, 2001. "Evil is the Root of all Money," Annual Meeting Plenary 2001-3, Society for Economic Dynamics.
- Bernanke, Ben & Gertler, Mark, 1989.
"Agency Costs, Net Worth, and Business Fluctuations,"
American Economic Review, American Economic Association, vol. 79(1), pages 14-31, March.
- Bernanke, Ben & Gertler, Mark, 1988. "Agency Costs, Net Worth, And Business Fluctuations," SSRI Workshop Series 292693, University of Wisconsin-Madison, Social Systems Research Institute.
- Bruce C. Greenwald & Joseph E. Stiglitz, 1993.
"Financial Market Imperfections and Business Cycles,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 77-114.
- Bruce C. Greenwald & Joseph E. Stiglitz, 1988. "Financial Market Imperfections and Business Cycles," NBER Working Papers 2494, National Bureau of Economic Research, Inc.
- Nobuhiro Kiyotaki & John Moore, 2001. "Evil is the Root of all Money (Clarendon Lectures 1)," Edinburgh School of Economics Discussion Paper Series 110, Edinburgh School of Economics, University of Edinburgh.
- Juan Carlos Cordoba & Marla Ripoll, 2004.
"Collateral Constraints in a Monetary Economy,"
Journal of the European Economic Association, MIT Press, vol. 2(6), pages 1172-1205, December.
- Cordoba, Juan & Ripoll, Marla, 2002. "Collateral Constraints in a Monetary Economy," Working Papers 2002-02, Rice University, Department of Economics.
- Cordoba, Juan Carlos & Ripoll, Marla, 2010. "Collateral Constraints in a Monetary Economy," Staff General Research Papers Archive 32123, Iowa State University, Department of Economics.
- Juan Carlos Cordoba & Marla Ripoll, 2003. "Collateral Constraints in a Monetary Economy," Macroeconomics 0309003, University Library of Munich, Germany.
- Edison, Hali J & Luangaram, Pongsak & Miller, Marcus, 2000. "Asset Bubbles, Leverage and 'Lifeboats': Elements of the East Asian Crisis," Economic Journal, Royal Economic Society, vol. 110(460), pages 309-334, January.
- Blanchard, Olivier J, 1985.
"Debt, Deficits, and Finite Horizons,"
Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 223-247, April.
- Olivier J. Blanchard, 1984. "Debt, Deficits and Finite Horizons," NBER Working Papers 1389, National Bureau of Economic Research, Inc.
- Bruce C. Greenwald & Joseph E. Stiglitz, 1990.
"Macroeconomic Models with Equity and Credit Rationing,"
NBER Chapters, in: Asymmetric Information, Corporate Finance, and Investment, pages 15-42,
National Bureau of Economic Research, Inc.
- Bruce C. Greenwald & Joseph E. Stiglitz & Andrew Weiss, 1989. "Macroeconomic models with equity and credit rationing," Proceedings, Federal Reserve Bank of San Francisco.
- Bruce C. Greenwald & Joseph E. Stiglitz, 1990. "Macroeconomic Models with Equity and Credit Rationing," NBER Working Papers 3533, National Bureau of Economic Research, Inc.
- R. Glenn Hubbard, 1990. "Asymmetric Information, Corporate Finance, and Investment," NBER Books, National Bureau of Economic Research, Inc, number glen90-1.
- Nobuhiro Kiyotaki & John Moore, 2002. "Balance-Sheet Contagion," American Economic Review, American Economic Association, vol. 92(2), pages 46-50, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Assenza, Tiziana, 2007.
"Borrowing Constraints, Multiple Equilibria and Monetary Policy,"
MPRA Paper
4049, University Library of Munich, Germany.
- Assenza, T., 2007. "Borrowing Constraints, Multiple Equilibria and Monetary Policy," CeNDEF Working Papers 07-05, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Jan Toporowski, 2013. "The Elgar Companion to Hyman Minsky," Review of Political Economy, Taylor & Francis Journals, vol. 25(1), pages 175-177, January.
- Gatti, Domenico Delli & Di Guilmi, Corrado & Gallegati, Mauro & Giulioni, Gianfranco, 2007. "Financial Fragility, Industrial Dynamics, And Business Fluctuations In An Agent-Based Model," Macroeconomic Dynamics, Cambridge University Press, vol. 11(S1), pages 62-79, November.
- Mauro Gallegati & Gianfranco Giulioni & Nozomi Kichiji, 2003.
"Complex Dynamics And Financial Fragility In An Agent-Based Model,"
Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 6(03), pages 267-282.
- Mauro Gallegati & Gianfranco Giulioni, 2003. "Complex Dynamics and Financial Fragility in an Agent Based Model," Computing in Economics and Finance 2003 86, Society for Computational Economics.
- GALLEGATI Mauro & GIULIONI Gianfranco & KICHIJI Nozomi, 2010. "Complex Dynamics and Financial Fragility in an Agent Based Model," EcoMod2003 330700059, EcoMod.
- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Tiziana Assenza & Domenico Delli Gatti & Mauro Gallegati, 2010. "Financial Instability and Agents’ Heterogenity: A Post Minskyan Research Agenda," Chapters, in: Dimitri B. Papadimitriou & L. Randall Wray (ed.), The Elgar Companion to Hyman Minsky, chapter 10, Edward Elgar Publishing.
- Shirai, Daichi, 2016. "Persistence and Amplification of Financial Frictions," MPRA Paper 72187, University Library of Munich, Germany.
- Roberto Tamborini, 2010.
"The Macroeconomics of Imperfect Capital Markets: Whither Saving-Investment Imbalances?,"
Contributions to Economics, in: Giorgio Calcagnini & Enrico Saltari (ed.), The Economics of Imperfect Markets, chapter 0, pages 137-166,
Springer.
- Roberto Tamborini, 2008. "The macroeconomics of imperfect capital markets. Whither saving-investment imbalances?," Department of Economics Working Papers 0815, Department of Economics, University of Trento, Italia.
- Philip Lowe & Thomas Rohling, 1993. "Agency Costs, Balance Sheets and the Business Cycle," RBA Research Discussion Papers rdp9311, Reserve Bank of Australia.
- Patrick Pintus & Yi Wen, 2013.
"Leveraged Borrowing and Boom-Bust Cycles,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(4), pages 617-633, October.
- Patrick A. Pintus & Yi Wen, 2010. "Leveraged borrowing and boom-bust cycles," Working Papers 2010-027, Federal Reserve Bank of St. Louis.
- Patrick A. Pintus & Yi Wen, 2013. "Leveraged Borrowing and Boom-Bust Cycles," Post-Print hal-01500891, HAL.
- Assenza, Tiziana & Delli Gatti, Domenico, 2013.
"E Pluribus Unum: Macroeconomic modelling for multi-agent economies,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1659-1682.
- Assenza, T. & Delli Gatti, D., 2012. "E Pluribus Unum: Macroeconomic Modelling for Multi-agent Economies," CeNDEF Working Papers 12-08, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Tiziana Assenza & Domenico Delli Gatti, 2012. "E Pluribus Unum: Macroeconomic Modelling for Multi-agent Economies," GREDEG Working Papers 2012-08, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Agliari, Anna & Gatti, Domenico Delli & Gallegati, Mauro & Lenci, Stefano, 2006. "The complex dynamics of financially constrained heterogeneous firms," Journal of Economic Behavior & Organization, Elsevier, vol. 61(4), pages 784-803, December.
- Riccardo Fiorentini & Roberto Tamborini, 2001.
"The Monetary Transmission Mechanism in Italy: The Credit Channel and a Missing Ring,"
Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 60(1), pages 1-42, June.
- Roberto Tamborini & Riccardo Fiorentini, 2001. "The monetary transmission mechanism in Italy: the credit channel and a missing ring," Department of Economics Working Papers 0101, Department of Economics, University of Trento, Italia.
- Nicola Acocella, "undated". "The theoretical roots of EMU institutions and policies during the crisis," Working Papers 126/14, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
- Jarrow, Robert A., 2014. "Financial crises and economic growth," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(2), pages 194-207.
- Assenza, Tiziana & Agliari, Anna & Delli Gatti, Domenico & Santoro, Emiliano, 2009.
"Borrowing constraints and complex dynamics in an OLG framework,"
Journal of Economic Behavior & Organization, Elsevier, vol. 72(2), pages 656-669, November.
- Tiziana Assenza & Anna Agliari & Domenico Delli Gatti & Emiliano Santoro, 2009. "Borrowing Constraints and Complex Dynamics in an OLG Framework," Post-Print hal-00723003, HAL.
- Bruno Coric, 2011. "The financial accelerator effect: concept and challenges," Financial Theory and Practice, Institute of Public Finance, vol. 35(2), pages 171-196.
- Giakas, Konstantinos, 2023. "Hysteresis, financial frictions and monetary policy," The Journal of Economic Asymmetries, Elsevier, vol. 27(C).
- Vlieghe, Gertjan W, 2007.
"Imperfect credit markets: implications for monetary policy,"
MPRA Paper
12957, University Library of Munich, Germany.
- Vlieghe, Gertjan, 2010. "Imperfect credit markets: implications for monetary policy," Bank of England working papers 385, Bank of England.
- Urban, Jörg, 2020. "Credit cycles revisited," Working Paper Series in Economics 146, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
More about this item
Keywords
Credit Cycles; monetary policy;JEL classification:
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2007-04-09 (Central Banking)
- NEP-DGE-2007-04-09 (Dynamic General Equilibrium)
- NEP-MAC-2007-04-09 (Macroeconomics)
- NEP-MON-2007-04-09 (Monetary Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mmf:mmfc06:103. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: http://www.essex.ac.uk/afm/mmf/index.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.