House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle

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Idevelopandestimateamonetarybusinesscyclemodelwithnominalloansandcollateralconstraintstiedtohousingvalues.Demandshocksmovetogetherhousingandnominalpricesandareamplifiedandpropagatedovertime.Thefinancialacceleratorisnotuniform:nominaldebtdampenssupplyshocksstabilizingtheeconomyunderinterestratecontrol.Structuralestimationsupportstwokeymodelfeatures:collateraleffectsdramaticallyimprovetheresponseofa， 名称：House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle，我们己经对House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle进行杀毒，以保证您的安全下载House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle，下载的压缩文件如果需要密码那就是 http://www.xuehuiba.com，House Prices, Borrowing Constraints and Monetary Policy in the Business Cycle的文件大小为6.54 MB。