The role of credit market friction in trade-dependent small open economy : examination of South Korea business fluctuations with DSGE approach

Recent literature suggests that credit market friction has a significant impact on the sources of the United States and Canadian business cycle. Our paper incorporates credit market friction and revised capital price in a small open economy DSGE model, and introduces a new entrepreneur’s equity shoc...

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書目詳細資料
Main Authors: Chen, Shuai, Liu, Qinyu, Goh, Qinghao
其他作者: Joseph Dennis Alba
格式: Final Year Project
語言:English
出版: 2017
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在線閱讀:http://hdl.handle.net/10356/69755
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