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Leverage Restrictions in a Business Cycle Model

Christiano, Lawrence J. - 2013

We modify an otherwise standard medium-sized DSGE model, in order to study the macroeconomic effects of placing leverage restrictions on financial intermediaries. The financial intermediaries ('bankers') in the model must exert effort in order to earn high returns for their creditors. An agency...

Persistent link: https://www.econbiz.de/10013088686

Leverage restrictions in a business cycle model

Christiano, Lawrence J.; Ikeda, Daisuke - 2013

Persistent link: https://www.econbiz.de/10009711878

Leverage restrictions in a business cycle model

Christiano, Lawrence J.; Ikeda, Daisuke - In: Macroeconomic and financial stability : challenges for …, (pp. 215-256). 2014

Persistent link: https://www.econbiz.de/10011771502

Technical appendix to "why does inventory investment fluctuate so much?"

Christiano, Lawrence J. - 1987

Persistent link: https://www.econbiz.de/10000763135

Modeling the liquidity effect of a money shock

Christiano, Lawrence J. - In: Inventory, business cycles and monetary transmission, (pp. 61-124). 1994

Persistent link: https://www.econbiz.de/10001314690

Why does inventory investment fluctuate so much?

Christiano, Lawrence J. - In: Journal of monetary economics 21 (1988), pp. 191-450

Persistent link: https://www.econbiz.de/10001268708

Modeling the liquidity effect of a money shock

Christiano, Lawrence J. - In: Federal Reserve Bank of Minneapolis quarterly review 15 (1991) 1, pp. 3-34

Persistent link: https://www.econbiz.de/10001104877

Why does inventory investment fluctuate so much?

Christiano, Lawrence J. - In: Journal of monetary economics 21 (1988) 2/3, pp. 247-280

Persistent link: https://www.econbiz.de/10003513854

Current real business cycle theories and aggregate labor market fluctuations

Christiano, Lawrence J.; Eichenbaum, Martin S. - 1990

Persistent link: https://www.econbiz.de/10000784220

Is theory really ahead of measurement? : current real business cycle theories and aggregate labor market fluctuations

Christiano, Lawrence J. - 1988

Persistent link: https://www.econbiz.de/10000764057

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