[PDF][PDF] The Financial Accelerator in a Quantitative Business Cycle Framework
B Bernanke - Handbook of Macroeconomics/Elsevier, 1999 - wp.nyu.edu
This chapter develops a dynamic general equilibrium model that is intended to help clarify
the role of credit market frictions in business fluctuations, from both a qualitative and a …
the role of credit market frictions in business fluctuations, from both a qualitative and a …
Inside the black box: the credit channel of monetary policy transmission
BS Bernanke, M Gertler - Journal of Economic perspectives, 1995 - aeaweb.org
The 'credit channel'theory of monetary policy transmission holds that informational frictions
in credit markets worsen during tight-money periods. The resulting increase in the external …
in credit markets worsen during tight-money periods. The resulting increase in the external …
[HTML][HTML] The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle
AN Berger, GF Udell - Journal of banking & finance, 1998 - Elsevier
This article examines the economics of financing small business in private equity and debt
markets. Firms are viewed through a financial growth cycle paradigm in which different …
markets. Firms are viewed through a financial growth cycle paradigm in which different …
Monetary policy, business cycles, and the behavior of small manufacturing firms
We analyze the response of small versus large manufacturing firms to monetary policy. The
goal is to obtain evidence on the importance of financial propagation mechanisms for …
goal is to obtain evidence on the importance of financial propagation mechanisms for …
The financial accelerator and the flight to quality
BS Bernanke, M Gertler, S Gilchrist - 1994 - nber.org
Adverse shocks to the economy may be amplified by worsening credit-market conditions--
the financial'accelerator'. Theoretically, we interpret the financial accelerator as resulting …
the financial'accelerator'. Theoretically, we interpret the financial accelerator as resulting …
The deposits channel of monetary policy
We present a new channel for the transmission of monetary policy, the deposits channel. We
show that when the Fed funds rate rises, banks widen the spreads they charge on deposits …
show that when the Fed funds rate rises, banks widen the spreads they charge on deposits …
What do a million observations on banks say about the transmission of monetary policy?
We study the monetary-transmission mechanism with a data set that includes quarterly
observations of every insured US commercial bank from 1976 to 1993. We find that the …
observations of every insured US commercial bank from 1976 to 1993. We find that the …
[BOOK][B] Monetary theory and policy
CE Walsh - 2017 - books.google.com
The new edition of a comprehensive treatment of monetary economics, including the first
extensive coverage of the effective lower bound on nominal interest rates. This textbook …
extensive coverage of the effective lower bound on nominal interest rates. This textbook …
Capital regulation, risk-taking and monetary policy: a missing link in the transmission mechanism?
C Borio, H Zhu - Journal of Financial stability, 2012 - Elsevier
Few areas of monetary economics have been studied as extensively as the transmission
mechanism. The literature on this topic has evolved substantially over the years, following …
mechanism. The literature on this topic has evolved substantially over the years, following …
Job creation and destruction
Job Creation and Destruction is the culmination of a long, ongoing research program at the
Center for Economic Studies. Using the most complete plant-level data source currently …
Center for Economic Studies. Using the most complete plant-level data source currently …