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How We Might Model a Credit Squeeze, and Draw some Policy Implications for Responding to it

Peter Sinclair

Discussion Papers from Department of Economics, University of Birmingham

Abstract: This paper endeavours to illustrate the consequences of a credit squeeze by inserting a standard model of retail banks into some familiar macroeconomic models. Some possible policy conclusions are drawn about the benefits of incentives to increase lending at these times, and to reduce it in much better times.

Keywords: credit famine; credit crunch (search for similar items in EconPapers)
JEL-codes: D53 D86 G32 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2008-11
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https://repec.cal.bham.ac.uk/pdf/08-10.pdf

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Working Paper: How We Might Model a Credit Squeeze, and Draw Some Policy Implications for Responding to It (2008) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:bir:birmec:08-10

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