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~isPartOf:"FRB St. Louis Working Paper"
~language:"eng"
~person:"Wen, Yi"
~subject:"Credit market"
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Credit Search and Credit Cycles
Dong, Feng
-
2019
, but also generate endogenous
business
cycles driven primarily by the cyclical utilization rate of credit resources, as … long conjectured by the Austrian school of the
business
cycle. In particular, we show that credit search can lead to …
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