Can Bernanke save QE? Bond supply shocks in a DSGE model with a Bernanke, Gertler, and Gilchrist style financial accelerator mechanism
<p>This thesis inserts a household preference over bond maturities into a costly state verification financial accelerator model based on Christiano, Motto, and Rostagno’s 2014 AER paper . It is thus building both on the branch of the financial frictions literature that originated with Bernanke...
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Format: | Thesis |
Language: | English |
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2016
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