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Overcoming financial frictions with the Friedman rule

Salas, Sergio - In: Macroeconomic dynamics 22 (2018) 8, pp. 2141-2181

Persistent link: https://www.econbiz.de/10012127582

A liquidity crunch in an endogenous growth model with human capital

Salas, Sergio - In: Southern economic journal 88 (2022) 3, pp. 1199-1238

Persistent link: https://www.econbiz.de/10012796545

Precautionary money demand in a cash-in-advance model

Salas, Sergio - 2025

Persistent link: https://www.econbiz.de/10015396853

A liquidity crunch in an endogenous growth model with human capital

Salas, Sergio - In: Southern Economic Journal 88 (2021) 3, pp. 1199-1238

Persistent link: https://www.econbiz.de/10012808810

Credit frictions and unexpected credit crunches

Salas, Sergio - In: Journal of Macroeconomics 37 (2013) C, pp. 161-181

In this paper I develop a simple model of dynamic general equilibrium similar to the neoclassical growth model, but where credit flows are created by agents stochastically receiving investment opportunities that allow them to create new capital. Hence agents may switch status over time from...

Persistent link: https://www.econbiz.de/10010682584

Why are credit-driven crises deep and long-lasting?

Salas, Sergio; Korgen, Kathleen Odell - In: The quarterly review of economics and finance : journal … 90 (2023), pp. 233-246

Persistent link: https://www.econbiz.de/10014432041

Signaling in monetary policy near the zero lower bound

Salas, Sergio; Núñez Errazuriz, Javier I. - In: The B.E. journal of macroeconomics 20 (2020) 1, pp. 1-19

Persistent link: https://www.econbiz.de/10012170726

Illiquid investments and the non-monotone relationship between credit and growth

Salas, Sergio; Odell, Kathleen - In: Journal of macroeconomics 74 (2022), pp. 1-19

Persistent link: https://www.econbiz.de/10013472110