Credit market imperfections and persistent unemployment
Texte intégral
Figure
Documents relatifs
We explore how the propagation properties of frictions in the goods market contrast with propagation in the canonical labor search model and from the amplification due to a
Summarizing, this model with search frictions in the goods market features a lagged response of the demand side of the goods market to productivity shocks, both directly through
α 0 becomes stable and the less risk averse agent is the only survivor (solid lines). Interestingly, in our framework low risk aversion leads to survival at the cost of lowering
Mais Mohamed Dib ne voit aucun problème à utiliser la langue française comme outil de communication, mieux encore, c’est une chance d’en richement "ce n’est qu’à partir de
We will show in this paper the dynamic creation of data models for the knowledge base and the manipulation of these data by web applications written directly
Abstract: We use a disequilibrium model to estimate credit rationing to Small and Medium- sized Enterprises on the Tunisian bank credit market.. Based on a panel dataset of 1,275 SMEs
The main goal of this article is to establish that disorder strongly influences the thermal conductivity of a harmonic chain, when both a small noise and small anharmonic
Figure 3(c) shows the evolution of the power received by the free layer in the AP magnetic configuration as a function of the applied magnetic field for different injected