Listar por tema "borrowing constraints"

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  • Capital misallocation and secular stagnation
    Caggese, Andrea; Pérez-Orive, Ander (2018-07-01)
    The widespread emergence of intangible technologies in recent decades may have significantly hurt output growth even when these technologies replaced considerably less productive tangible technologies because of low interest ...
  • Essays on monetary and fiscal policy
    Pescatori, Andrea (Universitat Pompeu Fabra, 2011-04-12)
    The thesis is divided into three chapters.<br/><br/>1) I study how monetary policy should be optimally designed when households show financial wealth heterogeneity.<br/>Main results: thanks to its ability to affect interest ...

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