Credit Rationing and Effective Supply Failures
收藏NBER1985-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1619
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This paper presents two macro models in which central bank policy has real effects on the supply side of the economy due to credit rationing. In each model, there are two possible regimes, depending on whether credit is or is not rationed. Starting from an unrationed equilibrium, either a large
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美国国家经济研究局创建时间：
1985-05-01
