Credit frictions, collateral and the cyclical behavior of the finance premium

Keyphrases

• Cyclic Behavior 100%
• Credit Frictions 100%
• Countercyclical 100%
• Shock 50%
• Central Bank 50%
• Borrower 50%
• Technology Shocks 50%
• Stylized Facts 50%
• Loan Rates 50%
• Loan Spreads 50%
• Probability of Default 50%
• Monetary Shocks 50%
• Borrowing Costs 50%
• Production Output 50%
• Macro-dynamics 50%
• Dynamic Stochastic General Equilibrium Model 50%
• Macro Variables 50%
• Dynamic Response 50%

Economics, Econometrics and Finance

• Finance 100%
• Cyclical Behaviour 100%
• Central Bank 25%
• Loan Rate 25%
• Loan Spread 25%
• DSGE Model 25%
• Accelerator 25%