Christiano, Lawrence J. (contributor); … - 2004 - [Elektronische Ressource]
in Hydra; the Second Conference of the Euro Area Business
Cycle Network at the European Central Bank; Harvard University …. Wedothisbydeveloping a standard monetary
business cycle model in three directions: We add several shocks, a banking sector and financial … possibly other business cycle episodes as well.
The second shock that plays an significant role in our analysis is particularly …