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Liquidity, innovation and growth

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Academic year: 2021

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Table 3: Calibration
Table 4: E¤ects of in‡ation on growth and the …nancial sector In‡ation Growth Size of FS Margin
Table 5: E¤ects of in‡ation in the baseline model in‡ation 0% 5.4% 8.8% 16.9% time innovating 0.01446 0.011 0.00948 0.00698 time in …nance 0.00066 0.0005 0.00043 0.00032 time working 0.20361 0.2 0.19841 0.1958
Table 6: E¤ects of matching friction and search time

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