Resource title

How We Might Model a Credit Squeeze, and Draw Some Policy Implications for Responding to It

Resource image

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Resource description

This paper endeavours to illustrate the consequences of a credit squeeze by inserting a standard model of retail banks into some familiar macroeconomic models. Some possible policy conclusions are drawn about the benefits of incentives to increase lending at these times, and to reduce it in much better times.

Resource author

Peter J. N. Sinclair

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/27476

Resource license

Adapt according to the presented license agreement and reference the original author.