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1468-0106.12085.pdf | 1.18 MB | Adobe PDF | 見る/開く |
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DCフィールド | 値 | 言語 |
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dc.contributor.author | Kunieda, Takuma | en |
dc.contributor.author | Shibata, Akihisa | en |
dc.contributor.alternative | 柴田, 章久 | ja |
dc.date.accessioned | 2015-08-27T01:19:28Z | - |
dc.date.available | 2015-08-27T01:19:28Z | - |
dc.date.issued | 2014-12 | - |
dc.identifier.issn | 1361-374X | - |
dc.identifier.uri | http://hdl.handle.net/2433/199652 | - |
dc.description.abstract | Credit market imperfections typically characterize a low quality financial market, where the quality of information about borrowers is low and/or enforcement rules or institutions are not well developed. We consider an economy with credit market imperfections and analyse how changes in the degree of credit constraints affect economic fluctuations. The analysis demonstrates that if the degree of credit market imperfection is either severe or too soft, the economy converges to an asymptotically stable steady state, whereas if the degree of imperfection is moderate, the equilibrium involves deterministic cycles or chaos. | en |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | - |
dc.publisher | wiley | en |
dc.rights | This is the peer reviewed version of the following article: Kunieda, T. and Shibata, A. (2014), Credit Market Imperfections and Macroeconomic Instability. Pacific Economic Review, 19: 592–611, which has been published in final form at http://dx.doi.org/10.1111/1468-0106.12085. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. | en |
dc.rights | 許諾条件により本文ファイルは2015-12-23に公開. | ja |
dc.rights | この論文は出版社版でありません。引用の際には出版社版をご確認ご利用ください。 | ja |
dc.rights | This is not the published version. Please cite only the published version. | en |
dc.title | Credit Market Imperfections and Macroeconomic Instability | en |
dc.type | journal article | - |
dc.type.niitype | Journal Article | - |
dc.identifier.ncid | AA11246777 | - |
dc.identifier.jtitle | Pacific Economic Review | en |
dc.identifier.volume | 19 | - |
dc.identifier.issue | 5 | - |
dc.identifier.spage | 592 | - |
dc.identifier.epage | 611 | - |
dc.relation.doi | 10.1111/1468-0106.12085 | - |
dc.textversion | author | - |
dc.startdate.bitstreamsavailable | 2015-12-23 | - |
dcterms.accessRights | open access | - |
出現コレクション: | 学術雑誌掲載論文等 |
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