Financial frictions, capital reallocation, and aggregate fluctuations

DOI10.1016/J.JEDC.2007.04.003zbMath1181.91146OpenAlexW2088872578MaRDI QIDQ844624

Jürgen von Hagen, Haiping Zhang

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/39643

zbMATH Keywords

business cyclespropagationamplificationfinancial frictionscapital reallocation

Mathematics Subject Classification ID

Economic dynamics (91B55) Dynamic stochastic general equilibrium theory (91B51)

Cites Work

• Financial liberalization in a small open economy
• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• Agency costs and business cycles

This page was built for publication: Financial frictions, capital reallocation, and aggregate fluctuations