A Simple Dynamic Model of Credit and Aggregate Demand

Alejandro Diaz-Bautista () and Julio R. Escandon
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Julio R. Escandon: CNBV

Macroeconomics from EconWPA

Abstract: The purpose of the paper is to present a tractable model of an old topic which is becoming more important in macroeconomics: the link between financial structure and economic activity.

Keywords: Aggregate Demand; Fiscal Policy; Monetary Policy; moral hazard; adverse selection; suuply of credit; reserves. (search for similar items in EconPapers)
JEL-codes: A1 C0 E0 E5 E52 E58 (search for similar items in EconPapers)
Date: 2003-08-07
Note: Type of Document - pdf; prepared on IBM PC - PC-TEX/UNIX Sparc TeX; to print on HP; pages: 21 ; figures: included. Published as Working Paper #18, Department of Economic Studies, COLEF, August 2000.
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpma:0308001

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