Dynare Working Papers Series http://www.dynare.org/wp/ The role of financial frictions during the crisis: an estimated DSGE model Rossana Merola Working Paper no. 33 January…
Slide 1Monetary Policy and Balance Sheets Deniz Igan, Alain Kabundi, Francisco Nadal De Simone, and Natalia Tamirisa Slide 2 Motivation The financial crisis has reinforced…