Keyword: Credit Market

Credit market heterogeneity, balance sheet (in)depence, and financial shocks
We find that credit market heterogeneity plays an important role in...
25 April 2017
Policy Brief
Credit market heterogeneity, balance sheet (in) dependence, financial shocks
This paper presents a real business cycle model with financial fric...
12 September 2016
Working Paper
“Impending ruin” or “remarkable wealth”? The role of private credit markets in a settler colony
Credit markets develop hand in hand with a market economy. Pre-indu...
15 May 2015
Working Paper