The transmission of financial shocks in an estimated DSGE model with housing and banking
Sign Up to like & getrecommendations! Published in 2020 at "Economic Modelling"
DOI: 10.1016/j.econmod.2019.09.056
Abstract: Abstract We develop a dynamic stochastic general equilibrium (DSGE) model with housing and banking to study the transmission of financial shocks between the financial and real sectors. A deterioration in the bank's balance sheet induced… read more here.
Keywords: financial shocks; housing; dsge model; model housing ... See more keywords
The importance of intangible capital for the transmission of financial shocks
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DOI: 10.1016/j.red.2018.04.004
Abstract: This paper studies the role of intangible capital in the transmission of financial shocks in a general equilibrium model with two types of capital, tangible and intangible, and labor and financial frictions. We find that… read more here.
Keywords: capital; financial shocks; capital transmission; transmission financial ... See more keywords
The Transmission of Financial Shocks on a Global Scale: Some New Empirical Evidence
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DOI: 10.1080/1540496x.2018.1481046
Abstract: ABSTRACT We examine shocks to capital flows from the United States, the Eurozone, and China. A US interest rate rise is contractionary for the United States but produces positive growth elsewhere. Cross-border claims and US… read more here.
Keywords: financial shocks; global scale; shocks global; united states ... See more keywords