Credit market imperfections, nominal rigidities, and business cycles

This thesis is a theoretical study of the role of credit market imperfections in business cycle dynamics. In particular, Chapters 2 to 4 focus on the credit channel of the monetary transmission mechanism, while Chapter 5 studies the role of shocks to credit markets in generating business cycle dynam...

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Bibliographic Details
Main Author: Morozumi, Atsuyoshi
Published: University of Warwick 2009
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.521378