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[3] Bernanke, Ben S., Mark Gertler, and Simon Gilchrist (1999). The Financial Accelerator
in a … accelerator (FA) model of Bernanke, Gertler
and Gilchrist (1999) enhanced to include a shock to the FA mechanism,
we construct and …� ciency of the �nancial sector. The quantitative
framework that we adopt is the �nancial accelerator model of Bernanke …