Borradores de Economia
Número:
954
Publicado:
Clasificación JEL:
E5, G21, G28
Palabras clave:
DSGE models, Financial Frictions, Macroprudential Policy
Lo más reciente
Juan Camilo Laborde-Vera
Oscar Iván Ávila-Montealegre, Juan José Ospina-Tejeiro, Anderson Grajales, Mario Andrés Ramos-Veloza
Mario Andrés Ramos-Veloza, Sara Naranjo-Saldarriaga, José Pulido
This paper builds a general equilibrium model that incorporates banks, financial frictions, default and a capital requirements. Ex-ante heterogeneous households decide how much to save or borrow for the sake of consumption (consumer credit) or the provisi