The Risk Channel of Monetary Policy

作者: Oliver De Groot ,

DOI: 10.17016/FEDS.2014.31

关键词: Monetary policy reaction functionMonetary policyDynamic stochastic general equilibriumDebtEconomicsMonetary baseExternal debtCredit channelMonetary hegemonyMonetary economics

摘要: … This paper examines how monetary policy affects the riskiness of the financial sector’s … channel of monetary policy. I study the risk channel in a DSGE model with nominal frictions and a …

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