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Two Monetary Tools : Interest Rates and Haircuts
Ashcraft, Adam B. - 2010
We study a production economy with multiple sectors financed by issuing securities to agents who face capital constraints. Binding capital constraints propagate business cycles, and a reduction of the interest rate can increase the required return of high-haircut assets since it can increase the...
Persistent link: https://www.econbiz.de/10013138470
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Two monetary tools : interest rates and haircuts
Ashcraft, Adam B.; Garleanu, Nicolae; Pedersen, Lasse Heje - 2010
Persistent link: https://www.econbiz.de/10008660862
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Two monetary tools : interest rates and haircuts
Ashcraft, Adam B.; Garleanu, Nicolae; Pedersen, Lasse Heje - 2010
Persistent link: https://www.econbiz.de/10008667420
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Two monetary tools : interest rates and haircuts
Ashcraft, Adam B.; Garleanu, Nicolae; Pedersen, Lasse Heje - In: NBER macroeconomics annual 25 (2010), pp. 143-208
Persistent link: https://www.econbiz.de/10009155273
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Monetary policy rules : [papers based on the National Bureau of Economic Research Conference on Research in Business Cycles, held at Stanford University, 1998]
Taylor, John B. (ed.) - 2001 - Paperback ed.
Persistent link: https://www.econbiz.de/10001535296
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Money, history, and international finance : essays in honor of Anna J. Schwartz
Bordo, Michael D. (ed.); Schwartz, Anna Jacobson (honouree) - 1989 - 1. [print.]
Persistent link: https://www.econbiz.de/10000782106
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Monetary policy rules
Taylor, John B. (ed.) - 1999
Persistent link: https://www.econbiz.de/10001353848
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The American business cycle : continuity and change
Gordon, Robert J. (contributor); Gordon, Robert J. (ed.) - 1986
Persistent link: https://www.econbiz.de/10000334526
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A retrospective on the classical gold standard, 1821 - 1931
Bordo, Michael D. (ed.); Schwartz, Anna Jacobson (contributor) - 1984
Persistent link: https://www.econbiz.de/10000085706
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A theoretical framework for monetary analysis
Friedman, Milton - 1971
Persistent link: https://www.econbiz.de/10000615769