Chu, Victorio Y. T. (contributor); … - 2001 - [Elektronische Ressource]
risk of public bonds are highlighted.
.H\ZRUGV: credit channel, IS-LM model, interest rate instrument, required reserves …
implications of such an assumption for the traditional IS-LM model. We extend Romer …
This paper combined the bank lending model of Bernanke and Blinder (1988) and the
interest rate rule IS-LM model of Romer …