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
Authors:	Sinclair, Peter J. N.
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Credit famine \| credit crunch

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Extent:	application/pdf
Series:	Economics Discussion Papers. - ISSN 1867-8009.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2008-40
Classification:	D53 - Financial Markets ; G32 - Financing Policy; Capital and Ownership Structure ; D86 - Economics of Contract: Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005083335