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Bayesian Evaluation of DSGE Models with Financial Frictions
16 references·13 citing·25 second hop
Bayesian Evaluation of DSGE Models with Financial Frictions (2012)Bayesian Evaluation of DSGE Models with F…A Macroeconomic Model with a Financial Sector (2014)A Macroeconomic Model with a …Credit Spreads and Business Cycle Fluctuations (2012)Credit Spreads and Business C…Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Housing Market Spillovers: Ev…Financial Intermediation and Credit Policy in Business Cycle Analysis (2010)Financial Intermediation and …A model of unconventional monetary policy (2010)A model of unconventional mon…Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Deciphering the Liquidity and…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Shocks and Frictions in US Bu…Bayesian Analysis of DSGE Models (2007)Bayesian Analysis of DSGE Mod…What are the effects of monetary policy on output? Results from an agnostic identification procedure (2005)What are the effects of monet…Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)House Prices, Borrowing Const…An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)An Estimated Dynamic Stochast…Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Chapter 21 The financial acce…The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Financial Accelerator in …Credit Cycles (1997)Credit CyclesAgency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …The Impact of Electronic Money on Monetary Policy: Based on DSGE Model Simulations (2021)The Impact of Electronic Mone…Expectation-driven house prices and debt defaults: The effectiveness of monetary and macroprudential policies (2020)Expectation-driven house pric…DSGE model with financial frictions over subsets of business cycle frequencies (2019)DSGE model with financial fri…On DSGE Models (2018)On DSGE ModelsLIMITED ASSET MARKET PARTICIPATION AND THE EURO AREA CRISIS: AN EMPIRICAL DSGE MODEL (2018)LIMITED ASSET MARKET PARTICIP…Debunking the Myth of Southern Profligacy. A DSGE Analysis of Business Cycles in the EMU's Big Four (2017)Debunking the Myth of Souther…The Great Recession in the Non-EMU Visegrád Countries: A Nonlinear DSGE Model with Time-Varying Parameters (2016)The Great Recession in the No…Great recession, slow recovery and muted fiscal policies in the US (2016)Great recession, slow recover…Financial frictions and the role of investment-specific technology shocks in the business cycle (2015)Financial frictions and the r…Financial crises, unconventional monetary policy exit strategies, and agents׳ expectations (2015)Financial crises, unconventio…The role of financial intermediaries in monetary policy transmission (2014)The role of financial interme…The Role of Financial Intermediaries in Monetary Policy Transmission (2014)The Role of Financial Interme…How Important are Financial Frictions in the United States and the Euro Area? (2009)How Important are Financial F…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Moral Hazard and Observability (1979)Optimal contracts and competitive markets with costly state verification (1979)Theory ahead of business-cycle measurement (1986)Financial Constraints Risk (2006)Market Liquidity and Funding Liquidity (2008)Discretion versus policy rules in practice (1993)The Science of Monetary Policy: A New Keynesian Perspective (1999)American Economic Review (2019)The Role of Monetary Policy (1995)Staggered Prices in a Utility-Maximizing Framework (1996)Estimation and Inference of Impulse Responses by Local Projections (2005)The Impact of Uncertainty Shocks (2009)Time to Build and Aggregate Fluctuations (1982)Understanding the Effects of Government Spending on Consumption (2007)Determinants of corporate borrowing (1977)Bank Runs, Deposit Insurance, and Liquidity (1983)Continuous Auctions and Insider Trading (1985)Bank lending during the financial crisis of 2008 (2009)Econometric measures of connectedness and systemic risk in the finance and insurance sectors (2012)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)When Is the Government Spending Multiplier Large? (2011)Financial Intermediation, Loanable Funds, and The Real Sector (1997)
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References

  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 1997Credit Cycles5,254 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1999Chapter 21 The financial accelerator in a quantitative business cycle framework3,549 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 2009Deciphering the Liquidity and Credit Crunch 2007–20083,326 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 2010A model of unconventional monetary policy2,439 cited
  • 2005What are the effects of monetary policy on output? Results from an agnostic identification procedure2,303 cited
  • 2012Credit Spreads and Business Cycle Fluctuations2,209 cited
  • 2010Financial Intermediation and Credit Policy in Business Cycle Analysis1,986 cited
  • 2014A Macroeconomic Model with a Financial Sector1,976 cited
  • 2010Housing Market Spillovers: Evidence from an Estimated DSGE Model

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1,500 cited
  • 2007Bayesian Analysis of DSGE Models1,367 cited
  • Cited by

    • 2014The role of financial intermediaries in monetary policy transmission56 cited
    • 2009How Important are Financial Frictions in the United States and the Euro Area?55 cited
    • 2018LIMITED ASSET MARKET PARTICIPATION AND THE EURO AREA CRISIS: AN EMPIRICAL DSGE MODEL30 cited
    • 2018On DSGE Models30 cited
    • 2015Financial crises, unconventional monetary policy exit strategies, and agents׳ expectations28 cited
    • 2020Expectation-driven house prices and debt defaults: The effectiveness of monetary and macroprudential policies26 cited
    • 2015Financial frictions and the role of investment-specific technology shocks in the business cycle21 cited
    • 2016The Great Recession in the Non-EMU Visegrád Countries: A Nonlinear DSGE Model with Time-Varying Parameters20 cited
    • 2021The Impact of Electronic Money on Monetary Policy: Based on DSGE Model Simulations18 cited
    • 2016Great recession, slow recovery and muted fiscal policies in the US18 cited
    • 2014The Role of Financial Intermediaries in Monetary Policy Transmission18 cited
    • 2017Debunking the Myth of Southern Profligacy. A DSGE Analysis of Business Cycles in the EMU's Big Four16 cited
    • 2019DSGE model with financial frictions over subsets of business cycle frequencies15 cited