How We Might Model a Credit Squeeze, and Draw some Policy Implications for Responding to it

This paper endeavours to illustrate the consequences of a credit squeeze by inserting a standard model of retail banks into some familiar macroeconomic models. Some possible policy conclusions are drawn about the benefits of incentives to increase lending at these times, and to reduce it in much better times.

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Year of publication:	2008-11
Authors:	Sinclair, Peter
Institutions:	Department of Economics, University of Birmingham
Subject:	credit famine \| credit crunch

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Series:	Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	19 pages
Classification:	D53 - Financial Markets ; D86 - Economics of Contract: Theory ; G32 - Financing Policy; Capital and Ownership Structure
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005178151