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Do Credit Constraints Amplify Macroeconomic Fluctuations?
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References

  • 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
  • 1989Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework4,270 cited
  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1933The Debt-Deflation Theory of Great Depressions2,516 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 1990Habit Formation: A Resolution of the Equity Premium Puzzle2,129 cited
  • 2000Capital-skill Complementarity and Inequality: A Macroeconomic Analysis2,103 cited
  • 1990Asset Prices under Habit Formation and Catching up with the Joneses2,021 cited
  • 2010Financial Intermediation and Credit Policy in Business Cycle Analysis1,986 cited
  • 1989Consumption and Liquidity Constraints: An Empirical Investigation1,933 cited
  • 1989Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence1,820 cited
  • 1985Incentive-Compatible Debt Contracts: The One-Period Problem1,799 cited
  • 2010Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach

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1,507 cited
  • 2010Housing Market Spillovers: Evidence from an Estimated DSGE Model1,500 cited
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