Добірка наукової літератури з теми "Occasionally binding collateral constraints"

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Статті в журналах з теми "Occasionally binding collateral constraints"

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Jensen, Henrik, Ivan Petrella, Søren Hove Ravn, and Emiliano Santoro. "Leverage and Deepening Business-Cycle Skewness." American Economic Journal: Macroeconomics 12, no. 1 (2020): 245–81. http://dx.doi.org/10.1257/mac.20170319.

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We document that the United States and other G7 economies have been characterized by an increasingly negative business-cycle asymmetry over the last three decades. This finding can be explained by the concurrent increase in the financial leverage of households and firms. To support this view, we devise and estimate a dynamic general equilibrium model with collateralized borrowing and occasionally binding credit constraints. Improved access to credit increases the likelihood that financial constraints become nonbinding in the face of expansionary shocks, allowing agents to freely substitute int
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HOLDEN, TOM D., PAUL LEVINE, and JONATHAN M. SWARBRICK. "Credit Crunches from Occasionally Binding Bank Borrowing Constraints." Journal of Money, Credit and Banking 52, no. 2-3 (2019): 549–82. http://dx.doi.org/10.1111/jmcb.12601.

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Cuba‐Borda, Pablo, Luca Guerrieri, Matteo Iacoviello, and Molin Zhong. "Likelihood evaluation of models with occasionally binding constraints." Journal of Applied Econometrics 34, no. 7 (2019): 1073–85. http://dx.doi.org/10.1002/jae.2729.

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Christiano, Lawrence J., and Jonas D. M. Fisher. "Algorithms for solving dynamic models with occasionally binding constraints." Journal of Economic Dynamics and Control 24, no. 8 (2000): 1179–232. http://dx.doi.org/10.1016/s0165-1889(99)00016-0.

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Cao-Alvira, José J. "Finite Elements in the Presence of Occasionally Binding Constraints." Computational Economics 35, no. 4 (2010): 355–70. http://dx.doi.org/10.1007/s10614-010-9203-5.

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Brzoza-Brzezina, Michał, Marcin Kolasa, and Krzysztof Makarski. "A penalty function approach to occasionally binding credit constraints." Economic Modelling 51 (December 2015): 315–27. http://dx.doi.org/10.1016/j.econmod.2015.07.021.

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Brumm, Johannes, and Michael Grill. "Computing equilibria in dynamic models with occasionally binding constraints." Journal of Economic Dynamics and Control 38 (January 2014): 142–60. http://dx.doi.org/10.1016/j.jedc.2013.09.007.

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Abo-Zaid, Salem. "Optimal long-run inflation with occasionally binding financial constraints." European Economic Review 75 (April 2015): 18–42. http://dx.doi.org/10.1016/j.euroecorev.2015.01.004.

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Li, Shuyun May, and Scott Dressler. "Business cycle asymmetry via occasionally binding international borrowing constraints." Journal of Macroeconomics 33, no. 1 (2011): 33–41. http://dx.doi.org/10.1016/j.jmacro.2010.09.007.

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Dixon, Huw, and Panayiotis M. Pourpourides. "On imperfect competition with occasionally binding cash-in-advance constraints." Journal of Macroeconomics 50 (December 2016): 72–85. http://dx.doi.org/10.1016/j.jmacro.2016.09.002.

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Дисертації з теми "Occasionally binding collateral constraints"

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BASSANIN, MARZIO. "Essays in Macro-Financial Linkages." Doctoral thesis, Luiss Guido Carli, 2019. http://hdl.handle.net/11385/201073.

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This thesis consists in three essays that study the linkages between real and financial factors from different perspectives. Chapter 1, co-authored with Ester Faia and Valeria Patella, introduces a full set of ambiguity attitudes, which endogenously induces agents' optimism in booms and pessimism in recessions, in a model where borrowers face occasionally binding collateral constraints. We use GMM techniques with latent value functions to estimate the ambiguity attitudes process, showing that agents update their belief over the credit cycle in a way coherent with our preferences specific
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Mary, Sébastien. "A dynamic stochastic farm household model with occasionally binding debt constraints and investment adjustment costs : assessing the impacts of direct farm payments and common agriculture policy reforms in French arable crop farms." Thesis, University of Aberdeen, 2010. http://digitool.abdn.ac.uk:80/webclient/DeliveryManager?pid=158412.

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Traditionally, the Common Agricultural Policy has used minimum intervention prices and coupled payments to support farmers in Europe.  These highly trade-distorting instruments have received much criticism.  Following the Uruguay Round, a major reform process started in the EU.  In 2003, the EU decoupled farm support by introducing Single Farm Payments.  However, economic theory has shown that such payments may lead to increases in farm output because of the existence of market imperfections or risk.  This thesis explores the issue of farm support for the case of crops farm households in Franc
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Книги з теми "Occasionally binding collateral constraints"

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Barthélemy, Jean, and Magali Marx. Solving Rational Expectations Models. Edited by Shu-Heng Chen, Mak Kaboudan, and Ye-Rong Du. Oxford University Press, 2018. http://dx.doi.org/10.1093/oxfordhb/9780199844371.013.6.

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This chapter presents theoretical foundations of main methods of solving rational expectations models with a special focus on perturbation approaches. First, it gives some insights into the solution methods for linear models. Second, it shows how to use the perturbation approach for solving nonlinear models. It then documents the limits of this approach. The perturbation approach, though the most common solution method in the macroeconomic literature, is inappropriate in contexts of large fluctuations (large shocks or regime switching) and of strong nonlinearities (e.g., occasionally binding c
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Частини книг з теми "Occasionally binding collateral constraints"

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Stum, E. A., and T. Gleichmann. "Soaking Techniques." In Crystallization of Nucleic Acids and Proteins. Oxford University Press, 1999. http://dx.doi.org/10.1093/oso/9780199636792.003.0017.

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Once crystals of a macromolecule are obtained there are many circumstances where it is necessary to change the environment in which the macromolecule is bathed. Such changes include the addition of inhibitors, activators, substrates, products, cryo-protectants, and heavy atoms to the bathing solution to achieve their binding to the macromolecule, which may have sufficient freedom to undergo some conformational changes in response to these effectors. In fact, macromolecular crystals have typically a high solvent content which ranges from 27-95% (1, 2). Although, part of this solvent, ‘bound solvent’ (typically 10%) is tightly associated with the protein matrix consisting of both water molecules and other ions that occupy well defined positions in refined crystal structure it can be replaced in soaking experiments, at a slower rate compared to the ‘free solvent’. In this chapter we will consider the relative merits of various methods for modifying crystals, the restraints that the lattice may impose on the macromolecule, and the relative merits of soaking compared to co-crystallization. The size and configuration of the channels within the lattice of macromolecular crystals will determine the maximum size of the solute molecules that may diffuse in. The solvent channels are sufficiently large to allow for the diffusion of most small molecules to any part of the surface of the macromolecule accessible in solution except for the regions involved in crystal contacts, although in some cases lattice forces may hinder conformational changes or rearrangements of the macromolecule in crystal. In other cases, the forces that drive the conformational changes can be sufficient to overcome the constraints imposed by the crystalline lattice leading to the disruption of intermolecular and crystal contacts resulting in the cracking and dissolution of the crystals. Some lattices may be more flexible and capable of accommodating conformational changes, and while crystals may crack initially, they may subsequently anneal into a new rearrangement and occasionally improve their crystallinity. In general small changes are easily accommodated and many macromolecules maintain their activity in the crystalline state. This is exploited in time-resolved crystallography to obtain structural information of transition states of enzymes.
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Звіти організацій з теми "Occasionally binding collateral constraints"

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Aruoba, S. Borağan, Marko Mlikota, Frank Schorfheide, and Sergio Villalvazo. SVARs With Occasionally-Binding Constraints. National Bureau of Economic Research, 2021. http://dx.doi.org/10.3386/w28571.

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Aruoba, S. Borağan, Pablo Cuba-Borda, Kenji Higa-Flores, Frank Schorfheide, and Sergio Villalvazo. Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints. National Bureau of Economic Research, 2020. http://dx.doi.org/10.3386/w27991.

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Mendoza, Enrique, and Sergio Villalvazo. FiPIt: A Simple, Fast Global Method for Solving Models with Two Endogenous States & Occasionally Binding Constraints. National Bureau of Economic Research, 2019. http://dx.doi.org/10.3386/w26310.

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