Credit market imperfections : macroeconomic consequences and monetary policy implications

In this thesis, dynamic general equilibrium models are developed for the analysis of credit market imperfections. The first chapter provides an overview of the thesis and sets out the motivation for the research. In the second chapter, the focus is on house prices. Empirical work is carried out to i...

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Bibliographic Details
Main Author: Vlieghe, Gertjan Willem
Published: London School of Economics and Political Science (University of London) 2005
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.645604