Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models
This survey reviews the research regarding the general frameworks used for the specification of financial market frictions in Dynamic Stochastic General Equilibrium models. Within the related literature, financial frictions are considered to be the prime candidates for endogenous amplification of sm...
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| Format: | Article |
| Language: | English |
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EconJournals
2015-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31969/352144?publisher=http-www-cag-edu-tr-ilhan-ozturk |