A penalty function approach to occasionally binding credit constraints
Year of publication: |
December 2015
|
---|---|
Authors: | Brzoza-Brzezina, Michał ; Kolasa, Marcin ; Makarsk, Krzysztof |
Published in: |
Economic modelling. - Amsterdam [u.a.] : Elsevier, ISSN 0264-9993, ZDB-ID 86824-3. - Vol. 51.2015, p. 315-327
|
Subject: | Financial frictions | DSGE models | Occasionally binding constraints | penalty function | DSGE-Modell | DSGE model | Liquiditätsbeschränkung | Liquidity constraint | Kreditrationierung | Credit rationing | Theorie | Theory | Schock | Shock | Strafe | Punishment | Dynamisches Gleichgewicht | Dynamic equilibrium |
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