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On financial deepening and long-run growth

Salas, Sergio - In: Journal of economics 123 (2018) 3, pp. 249-276

Persistent link: https://www.econbiz.de/10011857680

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

Asset prices and wealth inequality in a simple model with idiosyncratic shocks

Salas, Sergio - In: Estudios de economía 44 (2017) 1, pp. 105-119

This paper analytically solves a heterogeneous agent model with idiosyncratic shocks to marginal utility of consumption and explores the effects of the borrowing constraint on the price of the asset, the composition of borrowers and lenders in the credit market, and wealth inequality. Results...

Persistent link: https://www.econbiz.de/10011980140

Asset Prices and Wealth Inequality in a Simple Model with Idiosyncratic Shocks

Salas, Sergio - 2017

Persistent link: https://www.econbiz.de/10012952939

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