Dow, James (contributor); Gorton, Gary (contributor); … - 2003 - [Elektronische Ressource]
aspects of corporate net
worth or retained earnings have been studied by Bernanke and Gertler (1989) and Kiyotaki and Moore … frictions (e.g. Bernanke and Gertler (1989)
and Kiyotaki and Moore (1997)). One important difference between our work and the ex … financial frictions such as Bernanke and Gertler (1989) or
Kiyotaki and Moore (1997) also predict these sorts of effects for …